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We consider competitive markets for multiple commodities with endogenous formation of one- or two-person households. Within each two-person household, externalities from the partner’s commodity consumption and unpriced actions are allowed. Each individual has two types of traits: observable...
Persistent link: https://www.econbiz.de/10010698700
Due to opaque information and weak enforcement in emerging loan markets, the need for collateral is high, whereas borrowers lack adequate assets to pledge as collateral. How is this puzzle solved? We find for a representative sample from Northeast Thailand that indeed most loans do not include...
Persistent link: https://www.econbiz.de/10009320789
problems? [Yes]; 3) do bank influenced firms have higher profitability? [No]. Coupled with results about the control …Bank intermediated finance has been cited frequently as the preferred means for channeling funds from savers to firms … assertions about the considerable power of German banks and the advantages of a bank relation, empirical support is mixed. With a …
Persistent link: https://www.econbiz.de/10005094259
survival of top executives (Presidents, CEOs and General Managers) to bank performance and the manager’s local connections …, controlling for (observable and unobservable) bank and manager characteristics by exploiting longitudinal information on bank …-manager appointments. We measure the extent? of managers’ local connections by the distance between the province of the bank’s headquarters …
Persistent link: https://www.econbiz.de/10005094382
We analyze the microeconomic determinants of cross-border bank acquisitions in 16 transition economies over the period … less efficient banks. This result is in line with the efficiency hypothesis. …
Persistent link: https://www.econbiz.de/10005405973
A puzzling but consistent result in the empirical literature on banking is that firms with close bank ties do not grow … faster than bank-independent firms. In this paper, we reconsider the link between relationship lending and firms’ growth … and health status. We explore the influence of long-lasting bank relationships on employment and asset growth of a large …
Persistent link: https://www.econbiz.de/10008583662
This paper describes the trends in foreign bank ownership across the world and presents, for the first time, empirical … bank subsidiaries across 54 countries from 1997 to 2009, we show that the problems encountered by subsidiaries were not the …. Therefore, we assume that a multinational bank’s decision to close or sell a subsidiary in another country is based mainly on …
Persistent link: https://www.econbiz.de/10008583673
predict the development of bank profitability due to demographic shifts up to 2025. One of the main findings is that the …, allows us estimating the socio-demographic determinants of retail profitability. Using a simulation model, we are able to … the population reduces the customer base, ageing per se increases profitability as older customers typically generate …
Persistent link: https://www.econbiz.de/10008534055
context of competition in the banking sector. In spite of significant gains in efficiency made in recent years, operational … costs and provisioning for loan losses remain high compared to some other economies. Profitability of the aggregate banking …
Persistent link: https://www.econbiz.de/10012560002
that have gone hitherto unnoticed. Specifically, we establish that Cornes and Silva’s (1999) result of efficiency in the … strikingly still, the mechanism does not just have consequences for efficiency but it may have dramatic redistributive …
Persistent link: https://www.econbiz.de/10010877787