Showing 51 - 60 of 101
potential role of digital banking in substantially reducing regional heterogeneity …
Persistent link: https://www.econbiz.de/10012496136
The effects of large banks on the real economy are theoretically ambiguous and politically controversial. I identify quasi-exogenous increases in bank size in postwar Germany. I show that firms did not grow faster after their relationship banks became bigger. In fact, opaque borrowers grew more...
Persistent link: https://www.econbiz.de/10012533316
Universal banking is an alternative mechanism to a stock market for risk-sharing, for providing information for guiding … representatives on corporate boards. If a banking relationship is a substitute for the stock market, then interaction with a bank …
Persistent link: https://www.econbiz.de/10012473409
This paper argues that an implicit deposit-insurance credit enhancement is extended to any nondeposit savings vehicle offered by a very large bank. This unpriced credit enhancement helps to explain the preference revealed by very large U.S. banks for gearing up to offer mutual funds instead of...
Persistent link: https://www.econbiz.de/10012473775
This paper examines an effect of deregulating the market for corporate control on CEO compensation in the banking … industry. Given that each state's banking regulation defines the competitiveness of its corporate control market, we examine … the effect of a state's interstate banking regulation on the level and structure of bank CEO compensation. Using panel …
Persistent link: https://www.econbiz.de/10012474224
The banking systems of some countries export intermediation services to the rest of the world, while many other … countries are net exporters of deposits to banks abroad and net importers of loans from banks abroad. Banking center countries … intermediation to examine the role of national monetary policy in determining the international competitiveness of a national banking …
Persistent link: https://www.econbiz.de/10012474246
This paper asks whether the vaunted comparative stability of the Canadian banking system has been purchased at the cost …
Persistent link: https://www.econbiz.de/10012474396
This paper pinpoints sources of recent problems in U.S. commercial banking. The objective is to provide a context for … banking less stable in the 1980s. The second part identifies the specific sources of the industry's difficulties over this … recent policy reforms and on-going policy options. in the light of our evidence on the main sources of problems in banking …
Persistent link: https://www.econbiz.de/10012474547
The major theme of this paper is that the commercial banks have weathered the debt crisis, while many debtor countries remain in economic paralysis or worse. There is a growing consensus that much of the LDC debt will not be fully serviced in the future, and that consensus is reflected in at...
Persistent link: https://www.econbiz.de/10012476612
A common view is that deposit rates are determined primarily by supply: depositors require higher deposit rates from risky banks, thereby creating market discipline. An alternative perspective is that market discipline is limited (e.g., due to deposit insurance and/or enhanced capital...
Persistent link: https://www.econbiz.de/10011955520