Money Talks, Banks are Talking: Dakota Access Pipeline Finance Aftermath

When money talks.

Despite the explicit and detailed reports of extensive financial ties between physicians and researchers on the one hand and device and drug companies on the other hand and notwithstanding a proliferation of conflict of interest policies by academic medical centers (AMCs) and professional medical societies, some recipients of industry largess continue to deny that these relationships are in any...

Advancing Money Talks

Money MesMeRizes a nd MysTifies. Its influence extends far beyond the steely confines of numbers, ledgers, and rational calculations. Yet, for a long time economists managed to keep monetary analysis safely constrained within technical territory. Coinciding with Gertrude Stein’s (1936: 88) sober dictum that “whether you like it or whether you do not, money is money and that is all there is abou...

Money Talks and Matters:

How should central banks conduct and communicate their policies to serve the goal of stabilizing the macroeconomy? This thesis – consisting of three self-contained essays on dynamic macroeconomics – is mainly intended as a progress report on exploring the normative aspect of monetary policy. The main result of the first essay is, that in the presence of idiosyncratic risk, the public revelation...

Corporate Finance When Monetary Policy Tightens: How Do Banks and Non-banks Affect Access to Credit?

The evolving financial environment facing the corporate sector provides many non-bank external finance options as an alternative to bank finance and this paper examines the relationship between UK firms’ choices over bank versus non-bank finance under different monetary conditions. We look at the external finance 'mix' using a panel of 16,000 UK firm records taken from the FAME database for the...

Money, Banking, and Finance