Showing 1 - 10 of 435
local credit markets. We provide evidence that marginal increases in interbank competition are detrimental to relationship … 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. -- interbank competition ; market organizational structure …
Persistent link: https://www.econbiz.de/10003979983
local credit markets. We provide evidence that marginal increases in interbank competition are detrimental to relationship … technologies are al-ready widely in use in the market by a large group of small mutual banks, an increase in competition may drive …
Persistent link: https://www.econbiz.de/10013316197
-stressing oneof several types of banks, and ignore the competition and cooperationbetween the famous universal banks and other banking …
Persistent link: https://www.econbiz.de/10011400344
III rules, thus suggesting a 'race to the top' in capital standards. We study regulatory competition when banks are …
Persistent link: https://www.econbiz.de/10011447527
III rules, thus suggesting a ‘race to the top' in capital standards. We study regulatory competition when banks are …
Persistent link: https://www.econbiz.de/10012993695
competition and stability in banking. There are two basic channels through which competition may increase instability: by … incentives to take risk and raise failure probabilities. The competition-stability trade-off is characterized and the … implications of the analysis for regulation and competition policy are derived. It is found that optimal regulation may depend on …
Persistent link: https://www.econbiz.de/10003967776
,123 schoolchildren grades 6-10 in 15 California schools participated in the experiment. Although the program significantly increased …
Persistent link: https://www.econbiz.de/10009707556
We introduce a simple, easy to implement instrument for jointly eliciting risk and ambiguity attitudes. Using this instrument, we structurally estimate a two-parameter model of preferences. Our findings indicate that ambiguity aversion is significantly overstated when risk neutrality is assumed....
Persistent link: https://www.econbiz.de/10010483592
Financial crises have been a common feature of the economic landscape for more than two centuries. The chapter defines banking crises, considers the type of costs that they impose, and outlines the most common causes of banking crises during the past 200 years. The remainder of the chapter...
Persistent link: https://www.econbiz.de/10011475039
We exploit employment data from 10,528 parishes across nineteenth century England and Wales and find that a one standard deviation increase in finance employment increases the annualized growth rate of secondary labour by 0.8 percentage points. An endogenous growth model with finance and...
Persistent link: https://www.econbiz.de/10013014356