• closedAccess   Constructing a financial inclusion index for Mexican municipalities 

      Dircio Palacios Macedo, María del Carmen; Cruz-García, Paula; Hernandez-Trillo, Fausto; Tortosa-Ausina, Emili Elsevier (2023)
      Access to financial services varies sharply around the world among countries but also within regions and municipalities in the same country. To identify this important variation multivariate indices have been considered ...
    • closedAccess   Costs, revenues and performance in Spanish banking:a comparative analysis of pre- and early crisis years 

      Prior, Diego; Tortosa-Ausina, Emili; Garcia-Alcober, Maria P.; Illueca, Manuel Taylor and Francis Group (2016-07-14)
      The literature analysing the efficiency of financial institutions has evolved rapidly over the last 20 years. Most research has focused on the input side, analysing either cost, input technical efficiency or input allocative ...
    • closedAccess   Countercyclical prudential buffers and bank risk-taking 

      Illueca, Manuel; Norden, Lars; Pacelli, Joseph; Udell, Gregory F. Elsevier (2022-01-31)
      We investigate the effects of countercyclical prudential buffers on bank risk-taking. We exploit the introduction of dynamic loan loss provisioning in Spain, mandating that banks use historical average loss rates in their ...
    • openAccess   Credit allocation and the financial crisis: evidence from Spanish companies 

      Petrovic, Marko; Teglio, Andrea; Alfarano, Simone Springer (2022-08-18)
      The worldwide financial crisis of 2007–2008 raised serious concerns about the soundness of banks’ activities and about the extent to which banking regulation should supervise banks’ investment decisions. We contribute to ...
    • closedAccess   Liberalization and Risk-Taking: Evidence from Government-Controlled Banks 

      Illueca, Manuel; Norden, Lars; Udell, Gregory F. Oxford University Press (2014-07)
      We study the effects of the interplay between deregulation and governance on risk-taking in the financial industry. We consider the removal of regulatory geographic constraints for savings banks in Spain, the cajas, which ...
    • openAccess   Revisiting the quiet life hypothesis in banking using nonparametric techniques 

      Färe, Rolf; Grosskopf, Shawna; Maudos, Joaquín; Tortosa-Ausina, Emili Copyright © 2014 Taylor & Francis (2014-12)
      Early studies testing the quiet life hypothesis in banking found strong evidence that banks in more concentrated markets exhibit lower cost efficiency levels. More recent studies have reexamined the issue in different ...
    • openAccess   The financial network channel of monetary policy transmission: an agent-based model 

      Alexandre, Michel; Lima, Gilberto Tadeu; RICCETTI, LUCA; Russo, Alberto Springer (2023-01-13)
      The purpose of this paper is to explore the impact of monetary policy shocks on a financial network, which we dub the “financial network channel of monetary policy transmission”. To this aim, we develop a agent-based model ...
    • closedAccess   The geography of Spanish bank branches 

      Alamá Sabater, Luisa; Conesa, David; Forte Deltell, Anabel; Tortosa-Ausina, Emili © 2015 Taylor & Francis (2014-12)
      This article analyzes the determinants of bank branch location in Spain taking the role of geography explicitly into account. After a long period of intense territorial expansion, especially by savings banks, many of these ...
    • openAccess   The impact of diversification on the profitability and risk of Chinese banks: evidence from a semiparametric approach 

      Wu, Minzhi; Tortosa-Ausina, Emili; Cruz-García, Paula Springer (2024-06-24)
      This paper analyzes the effects of banking diversification and focus strategies on the profitability and risk of Chinese banks in the post-crisis years (2008–2019). For this purpose, semiparametric estimates are used. The ...
    • openAccess   Voluntary insurance vs. stabilization funds: An experimental analysis on bank runs 

      Barreda-Tarrazona, Iván; Grimalda, Gianluca; Teglio, Andrea Elsevier (2024-03-19)
      Banking crises have recurrently emphasized the crucial need for establishing effective mechanisms to prevent bank runs, and different organizations are exploring a range of potential measures. With the aim of contributing ...