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Monthly Archives: September 2021
Loan evergreening: the role of bank solvency
In a previous post, I discussed how a couple of economists at the Banco Central del Uruguay and I are identifying instances of loan evergreening—when banks provide additional credit so that firms repay their previous loans—using very granular data. The … Continue reading
Books Do Furnish a Life, by Richard Dawkins
Yep, I am catching up with book reviews. I have read several this year, although not at the same pace as last year, so there’s a lot of work to do. Let’s dive in. Richard Dawkins, the eminent British biologist, … Continue reading
Loan evergreening
Loan evergreening is a situation where banks provide loans to firms in order to ensure that firms keep repaying the existing (previous) loans. It is a concept related to zombie lending, broadly defined as lending to non-viable firms. Loan evergreening … Continue reading
So we are Bayes Business School now
Yesterday, The Business School (formerly Cass), which used to be—yes, you guessed it—Cass Business School, and that also used to be City University Business School, became Bayes Business School. You may recall that, in the wake of the killing of … Continue reading