Recent advances in the field of digitization and robotics, such as driverless cars, largely autonomous smart factories, service robots or 3D printing, give rise to public fears that technology may substitute for…
We examine how the geographical proximity to a microfinance bank affects financial inclusion. We study the expansion of the branch network of ProCredit banks in South-East Europe between 2006 and 2010. We report…
I study credit rationing in small firm-bank relationships by using a unique data set of matched loan applications and contracts. I establish the degree of credit rationing by relating a firm’s requested loan…
Could macroeconomic factors such as income inequality be the real root cause of financial crises? We explore a broad variety of financial and macroeconomic variables and employ a general-to-specific model…
Media and technical change like digitalisation, global political and economic change put pressure on journalism and media plus their work ethics. This doctoral seminar paper aims at identifying challenges in…