equilibrium when banks have monopoly power, justifying a Pigouvian tax in this case. …

differences in financial factors, which may reflect differences in country risk and the legal and regulatory framework that banks …

The current financial crisis has sparked intense debate about how weak banks should be resolved. Despite international …

This paper investigates the benefits of banks’ direct investment in foreign subsidiaries and branches for non …-financial multinationals. The paper builds on the literature on international banks which has primarily focused on the implications for host … the volume of FDI by home market banks boosts FDI by non-financial firms from the same home market. Domestic and third …

lending in markets where large and out-of-market banks are predominant. On the contrary, where relational-based lending … technologies are al-ready widely in use in the market by a large group of small mutual banks, an increase in competition may drive … banks to further cultivate their extensive ties with customers. …

first-ever field experiment randomly providing free computers to students, we examine the relationships between access to … home computers and enrollment in transferable courses and actual transfers to 4-year colleges. The results from the field … experiment indicate that the treatment group of students receiving free computers has a 4.5 percentage point higher probability …

There is no clear theoretical prediction regarding whether home computers are an important input in the educational … first-ever field experiment involving the provision of free computers to students for home use. Financial aid students … attending a large community college in Northern California were randomly selected to receive free computers and were followed …

Computers are an important part of modern education, yet large segments of the population – especially low-income and … conducting the largest-ever field experiment involving the random provision of free computers for home use to students. 1 …

Most studies find little to no effect of classroom computers on student achievement. We suggest that this null effect … effects of using computers to look up information and negative effects of using computers to practice skills, resulting in …