BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//Memento EPFL//
BEGIN:VEVENT
SUMMARY:Half Banked: The Real Effects of Financial Exclusion on Firms
DTSTART:20191213T103000
DTEND:20191213T120000
DTSTAMP:20260501T060106Z
UID:40b39338281304cd417aba065dfef93e5a2cbfab8b9c6051873caf83
CATEGORIES:Conferences - Seminars
DESCRIPTION:Elizabeth Anne BERGER\, Cornell University\nThis paper measure
 s the economic effects of the warehouse function of bank access on firms. 
 Although the economics of access to the credit side of banking is well und
 erstood\, we know considerably less about how banking creates firm value b
 y storing wealth and providing payment services. This is due to the fact t
 hat almost all firms have access to the warehouse function of banks. To ad
 dress this empirical challenge\, we focus on firms in the marijuana indust
 ry that face hurdles to obtaining financial services. Our results show tha
 t warehouse banking improves the business strategies of firms. Because ban
 king services allow firms to make different business decisions\, these fir
 ms are more profitable.
LOCATION:UNIL\, Extranef\, room 126 https://planete.unil.ch/plan/?local=EX
 T-126
STATUS:CONFIRMED
END:VEVENT
END:VCALENDAR