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Many studies have attempted to investigate the determinants and implications of competition in the banking industry …. The literature on the measurement of competition can be divided between the structural and non-structural approaches. The … structural approach infers the degree of competition from the structure of the market. The non-structural approach, based on the …
Persistent link: https://www.econbiz.de/10010899551
L'influence des marques de distributeur sur le rayon a été négligée au profit de la coordination et de la juxtaposition des produits Cette recherche porte sur la manière dont les marques de distributeur ou nationales par leur interaction avec leur juxtaposition et leur coordination,...
Persistent link: https://www.econbiz.de/10008789376
the concept of brand? And if so, how do copyright and trademark institutions work together to stimulate and promote … allow the appropriation of a meaningful good also confer a brand on it, identifying its sources. This leads to mixed …
Persistent link: https://www.econbiz.de/10008789455
Using classical models of information processing and persuasion, this study examines the efficiency of European Directive 1999/94/EC, pertaining to automotive carbon emission information, as a means to encourage more sustainable consumption patterns. The Directive requires European carmakers to...
Persistent link: https://www.econbiz.de/10010898924
According to theoretical models of valuing risky corporate securities, risk of default is primary component in overall yield spread. However, sizable empirical literature considers it otherwise by giving more importance to non-default risk factors. Current study empirically attempts to provide...
Persistent link: https://www.econbiz.de/10010899951
The purpose of this note is to describe a risk management procedure applicable to options on large credit portfolios such as CDO tranches on iTraxx or CDX. Credit spread risk is dynamically hedged using single name defaultable claims such as CDS while default risk is kept under control thanks to...
Persistent link: https://www.econbiz.de/10008794771
This paper investigates the impact of non-interest income businesses on bank lending. Using quarterly data on 8,287 U …
Persistent link: https://www.econbiz.de/10010930225
the segmentation. Their model stresses the role of information in shaping bank competition, where a lender with an … with an increasing presence of competition. Motivated by these findings, we further use an original data set from the …, higher transparency of clients and stronger effects of competition on lending interest rates (lower spreads). Another segment …
Persistent link: https://www.econbiz.de/10010750795
We study the impact of asymmetric information in a general credit model where the default is triggered when a fundamental diff usion process of the firm passes below a random threshold. Inspired by some recent technical default events during the fi nancial crisis, we consider the role of the...
Persistent link: https://www.econbiz.de/10010898449
This paper investigates risk and stability features of Islamic banking using a sample of 553 banks from 24 countries between 1999 and 2009. Small Islamic banks that are leveraged or based in countries with predominantly Muslim populations have lower credit risk than conventional banks. In terms...
Persistent link: https://www.econbiz.de/10010899528