Publications

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Negative interest rate policy and banks' earnings management

Using bank-level data from 35 OECD countries over the period 2011-2018, we examine the impact of the introduction of negative interest rate policy (NIRP) on banks' earnings management.

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Uncertainty, stocks and commodity prices during the Ukraine-Russia war

This article mainly investigates whether the war in Ukraine-Russia induces uncertainties and how this affects the returns of world stock market indices and commodity prices.

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Cyber-attacks and banking intermediation

Using data from 2144 U.S. banks over the period from 2011 to 2019, this article aims to analyze banks' responses to cyber-attacks. Our results highlight that cyber-attacks affect banking intermediation through a reduction in deposit collection, and credit supply.

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Subsample analysis of stock market – cryptocurrency returns tail dependence: A copula approach for the tails

This paper describes the extremal and tail dependence between G7 stock market returns (USA, Canada, UK, Japan, Germany, France, Italy) and cryptocurrency returns (Bitcoin, Ethereum, Dash, Monero, Ripple) on the basis of the bivariate extremal dependence model (Padoan and Stupfler, 2022) and the b

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Color effectiveness. Influence of color and typography of commercial websites on surfurs’ reactions: An experimental study of their interaction effects

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The Impact of COVID-19 on Bank Profitability: Cross-Country Evidence

Using data from 5474 banks located in 23 OECD countries over the period 2019Q2-2022Q1, we study the influence of COVID-19 on bank profitability (before and during the COVID-19 vaccination period).

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Bank Capital Ratio and Lending Behavior

Using a large panel of data from 3446 banks located in the euro area over the period 2009-2018, this paper aims to shed further light on the question: How does bank capital ratio influence lending behavior? Our results suggest a negative impact of the capital increase on the banks’ loan supply.

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Bank lending margins in a negative interest rate environment

Following the 2008 Global Financial Crisis, the central banks of many advanced economies resorted to unconventional monetary policies including, the adoption of a negative interest rate policy, aimed at spurring economic recovery and growth.

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Climate Change-related Risks and Bank Stock Returns

Are banks aware of climate change risks? To answer this question, we use daily data from the stock indices of global and G20 banks over the period from 03 January 2011 to 29 November 2019. We find that climate change risks impact banks’ stock market performance. However, banks’

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