Zusammenfassung Die Autoren analysieren Parallelen zwischen dem Markt für Verbriefungen vor und während der Finanzkrise 2007 – 2009 und der aktuell als innovativ diskutierten Finanzierungsform des Marketplace Lending, bei dem Fremdkapital in Form von Krediten über Online-Marktplattformen...

<title>Abstract</title><italic>We examine the rigidity of retail deposit and loan rates by applying duration analysis on uniquely rich data. We find that the retail rate dynamics are state-dependent. An important determinant of the duration of retail interest rates are the dynamics of the wholesale (market and...</italic>

The paper analyzes banking competition in newly liberalized banking industries, where the incumbent banks still dominate the deposit market but are exposed to substantial loan market competition. We argue that incumbent banks, due to their preferential position in the deposit market, are able to...