Esta monografia reúne quatro estudos de casos de firmas produtoras de máquinas ferramentas no país, havendo disponibilidade de informações sobre uma outra firma, que será publicada em documento separado, aquí chamada de firma "e". Com estas cinco firmas contamos com as maiores produtoras...

Esta monografia reúne quatro estudos de casos de firmas produtoras de máquinas ferramentas no país, havendo disponibilidade de informações sobre uma outra firma, que será publicada em documento separado, aquí chamada de firma "e". Com estas cinco firmas contamos com as maiores produtoras...

The authors measure the economies of scale of Canada's six largest banks and their cost-efficiency over time. Using a unique panel data set from 1983 to 2003, they estimate pooled translog cost functions and derive measures of relative efficiency and economies of scale. The disaggregation of the...

The authors compare the efficiency of Canada's largest banks with U.S. commercial banks over the past 20 years. Efficiency is measured in three ways. First, the authors study key performance ratios, and find that Canadian banks are as productive as U.S. banks. Second, they investigate whether...

This paper studies the role that market structure plays in affecting the diffusion of electronic banking. Electronic banking (and electronic commerce more generally) reduces the cost of performing many types of transactions for firms. The full benefits for firms from adoption, however, only...

Using detailed loan transactions-level data we examine the efficiency of an overnight interbank lending market, and the bargaining power of its participants. Our analysis relies on the equilibrium concept of the core, which imposes a set of no-arbitrage conditions on trades in the market. For...

This paper measures market power in a decentralized market where contracts are determined through a search and negotiation process. The mortgage industry has many institutional features which suggest competitiveness: homogeneous contracts, negotiable rates, and, for a given consumer, common...

This paper studies discounting in mortgage markets. Using transaction-level data on Canadian mortgages, we document that over time there’s been an increase in the average discount, along with substantial dispersion. The standard explanation for dispersion in credit markets is that lenders...

A literatura sobre mudança tecnológica em países atrasados é relativamente recente e escassa, exigindo intensos esforços a fim de amadurecer uma melhor compreensão do fenômeno tecnológico nestas regiões. O objetivo deste estudo é de contribuir para o debate através do acompanhamento...

This document explains the technological behavior of the engineering industries in Argentina, Brazil, Colombia, Mexico, Peru and Venezuela. The authors focus on the individual history of each firm, variations determined by the market, macroeconomic forces such as prices, protection level, and...