Showing 1 - 10 of 57
paper analyses the banks ownership and control structure. It finds that Pakistan has its own idiosyncrasies, which are …
Persistent link: https://www.econbiz.de/10009365050
concentration has no significant influence on interest spread. One reason for inelasticity of deposits supply to the banks is the … 29 banks. The results show that inelasticity of deposit supply is a major determinant of interest spread whereas industry …
Persistent link: https://www.econbiz.de/10009365463
This paper examines the impact of R&D and FDI on firm growth for a panel data of Indian manufacturing firms. We argue that besides age and size, FDI and R&D are essential determinants of firm growth. We use GMM estimation for fixed effects panel data models to control for endogenity of R&D and...
Persistent link: https://www.econbiz.de/10009363643
This paper has analyzed the trends, patterns and determinants of outward Investments by Indian enterprises that have increased notably since the onset of reforms. It finds that the sharp rise in outward investments since 1991 has been accompanied by a shift in geographical and sectoral focus of...
Persistent link: https://www.econbiz.de/10009363777
We examine whether the outcome of bargaining over wage and employment between an incumbent firm and a union remains efficient under entry threat. The workers\' reservation wage is not known to the entrant, and entry is profitable only against the high reservation wage. The entrant observes the...
Persistent link: https://www.econbiz.de/10009363339
The present analysis sheds light on the setting up a regional rating agency in Asia in the wake of recent financial crisis. We investigate the policy facing a financial regulator while evaluating whether or not to admit new entrants into the credit rating market. In an incomplete contracting...
Persistent link: https://www.econbiz.de/10009363867
This paper summarizes the procedure for the economic evaluation of government projects and policy reforms. It begins with the social welfare function underpinnings of cost-benefit analysis including the role of distributive weights and the choice of numeraire. It then turns to the conduct of a...
Persistent link: https://www.econbiz.de/10009365232
This paper compares equilibrium technology adoption in a differentiated duopoly under two alternative modes of product market competition, Cournot and Bertrand. It shows that the cost of technology has differential impact on technology adoption, that is, on cost-efficiency of the industry, under...
Persistent link: https://www.econbiz.de/10009365351
whether financial stability and financial inclusion are, broadly speaking, substitutes or complements. In other words, does … the move toward greater financial inclusion tend to increase or decrease financial stability? A number of studies have … suggested both positive and negative ways in which financial inclusion could affect financial stability, but very few empirical …
Persistent link: https://www.econbiz.de/10011278004
In this paper, we present two stylized models of the financial system. We make the case that in order to realize the potential of a well-functioning complete financial market, financial system designers and financial service providers will need to think about ways to deliver financial...
Persistent link: https://www.econbiz.de/10011278007