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Bank integration and business volatility

Morgan, Donald P. (contributor); Rime, Bertrand (contributor) - 2000 - [Elektronische Ressource]

We investigate how bank migration across state lines over the last quarter century has affected the size and covariance of business fluctuations within states. Starting with a two-state version of the unit banking model in Holmstrom and Triocole (1997), we conclude that the theoretical effect of...

Persistent link: https://www.econbiz.de/10001590074

Are bank shareholders enemies of regulators or a potential source of market discipline?

Park, Sangkyun (contributor); … - 2001 - [Elektronische Ressource]

In moral hazard models, bank shareholders have incentives to transfer wealth from the deposit insurer - that is, maximize put option value - by pursuing riskier strategies. For safe banks with large charter value, however, the risk-taking incentive is outweighed by the possibility of losing...

Persistent link: https://www.econbiz.de/10001630859

Benefits and spillovers of greater competition in Europe : a macroeconomic assessment

Bayoumi, Tamim A. (contributor); Laxton, Douglas (contributor) - 2004 - [Elektronische Ressource]

We estimate the macroeconomic benefits and international spillovers of an increase in competition using a general …-equilibrium simulation model with nominal rigidities and monopolistic competition in product and labor markets. We draw three conclusions … after calibrating the model to the euro area against the rest of the industrial world. First, greater competition produces …

Persistent link: https://www.econbiz.de/10002101549

Who pays for banking supervision? Principles and practices

Masciandaro, Donato; Nieto, Maria; Prast, Henriette - de Nederlandsche Bank - 2007

This paper focuses on the financing of banking supervision. Countries are classified according to who finances banking supervision the tax payer and/or the supervised industry -, and how the budget and fees are determined. We show that funding regimes differ across countries. Public funding is...

Persistent link: https://www.econbiz.de/10005101845

Knowledge and Opinions about Banking Supervision: Evidence from a Survey of Dutch Households

Cruijsen, Carin van der; Haan, Jakob de; Jansen, David-Jan - de Nederlandsche Bank - 2010

What does the general public know about banking supervision? What objectives does the public think bank supervisors should pursue? We investigate these issues using a survey among Dutch households. First, we find that the public's knowledge about banking supervision is far from perfect. We also...

Persistent link: https://www.econbiz.de/10008783626

Transparency of banking supervisors

Liedorp, Franka; Mosch, Robert; Cruijsen, Carin van der; … - de Nederlandsche Bank - 2011

Following Eijffinger and Geraats (2006), we construct an index of transparency of banking supervisors that takes political, economic, procedural, policy and operational transparency into account. Based on a survey, we construct the index for 24 banking supervisors. There are large differences...

Persistent link: https://www.econbiz.de/10009144152

Would protectionism defuse global imbalances and spur economic activity?: a scenario analysis

Faruqee, Hamid; Laxton, Douglas; Muir, Dirk; Pesenti, Paolo - Federal Reserve Bank of New York - 2006

?globalization backlash? lowers the degree of competition in import-competing sectors, and compare the implications of higher markups …

Persistent link: https://www.econbiz.de/10005420533

Corporate performance, board structure, and their determinants in the banking industry

Adams, Renée B.; Mehran, Hamid - Federal Reserve Bank of New York - 2008

The subprime crisis highlights how little we know about the governance of banks. This paper addresses a long-standing gap in the literature by analyzing board governance using a sample of banking firm data that spans forty years. We examine the relationship between board structure (size and...

Persistent link: https://www.econbiz.de/10005420536

Importing equality? The effects of increased competition on the gender wage gap

Black, Sandra E.; Brainerd, Elizabeth - Federal Reserve Bank of New York - 1999

industries face little competitive pressure to reduce discrimination, an increase in competition from increased trade should lead … wage gap that are unrelated to competitive pressures. The findings indicate that increased competition through trade did …

Persistent link: https://www.econbiz.de/10005420556

Can competition between brokers mitigate agency conflicts with their customers?

Chakravarty, Sugato; Sarkar, Asani - Federal Reserve Bank of New York - 1997

We study competitive, but strategic, brokers executing trades for an informed trader in multi-period setting. The brokers can choose to (a) execute the order, as agents, first, and trade for themselves as dealers, afterwards; or (b) trade for themselves first and execute the order later. We show...

Persistent link: https://www.econbiz.de/10005387353