A pesar de que el 97% de la poblacion en Mexico cuenta con al menos un punto de acceso al sistema financiero, solo el 38% tiene algun producto de ahorro o de cedito en instituciones financieras formales. Dichos resultados evidencian la falta de uso del sistema financiero formal y resaltan la...

Even though 97% of the population in Mexico has at least one access point into the financial system, only 38% has some sort of saving or credit product in a formal financial institution. These figures show the insufficient use of the formal financial system and highlight the importance of...

Reverse mortgages have been established as an alternative for generating liquid flows of income during retirement in some developed countries. Given that the risks associated with lower income during old age are usually covered by a wide range of sources of funding, this paper analyses the...

Tras la crisis financiera internacional, el sistema bancario espanol tendra que afrontar un nuevo entorno, en el que las condiciones no seran tan benignas como lo eran antes de la crisis ni tan extremas como lo son en la actualidad. En este articulo se pasa revista a las principales tendencias...

Las hipotecas inversas se han venido constituyendo en una alternativa para generar flujos de ingresos liquidos durante la etapa de jubilacion en algunos paises desarrollados. Teniendo en cuenta que los riesgos de menores recursos durante la etapa de vejez suelen ser enfrentados con un abanico...

Los activos inmobiliarios representan un ahorro importante de las familias con el que llegan a la etapa de retiro. En base a ello, las hipotecas inversas son un producto desarrollado en algunos paises como alternativa para generar flujos de ingresos liquidos durante la jubilacion. Teniendo en...

Real estate assets represent a major form of savings for families when they reach retirement age. Reverse mortgages are a financial product developed as an alternative way of generating flows of liquid income during retirement in some countries. As income during old age must be diversified from...

We find empirical evidence that the Chinese banking system has benefited from the entry of foreign investors through higher profitability and increased efficiency of the banking system. Foreign partcipation, which consists of a minority stake in a Chinese bank (in contrast to the typical pattern...

Banking union is the most ambitious European project undertaken since the introduction of the single currency. It was launched in the summer of 2012, in order to send the markets a strong signal of unity against a looming financial fragmentation problem that was putting the euro on the ropes....

This paper analyzes empirically what explains the low profitability of Chinese banks for the period 1997-2004. We find that better capitalized banks tend to be more profitable. The same is true for banks with a relatively larger share of deposits and for more X-efficient banks. In addition, a...