5-in-1: The Best of Research
Credit limits slow loan growth – but less than we thought
Simona Malovaná, Martin Hodula, Zuzana Gric, and Josef Bajzík found that limits like LTV, DTI, and DSTI do affect credit dynamics—but after adjusting for publication bias, their impact is weaker than commonly reported:
Over 6,100 models, one key question: How can we best predict the failure of small and medium-sized enterprises (SMEs) in the U.S.? Peter Molnár and his team conducted an exceptionally broad analysis comparing more than 6,100 prediction models to identify those most effective at detecting SME failure risk:
Full article: SME default prediction: A systematic methods evaluation
How does public support really affect business performance?
Ondřej Dvouletý and his international research team reviewed 60 global studies on the impact of public support on firms.
Their results:
- A framework of key relationships between support and performance,
- A summary of key findings and contentious points,
- A research agenda for improving policy evaluation.
Full article: Public support and firm performance: a systematic review and research agenda
How does capital affect bank lending?
Simona Malovaná, Martin Hodula, Josef Bajzík, and Zuzana Gric analyzed more than 1,600 estimates on the relationship between bank capital and lending.
Key findings:
- A 1 percentage point increase in capital ratio leads to a 0.3 p.p. increase in lending.
- In contrast, raising capital requirements reduces loan growth by 0.7 p.p.
What do minimum taxes bring to firms and the state?
Tomáš Lichard and his research team analyzed data from Slovak corporations and found that the minimum tax led to a concentration of tax bases at new minimum levels.
Their key insight: “Minimum taxes reduced the overall efficiency burden while increasing tax revenues.”