Showing 1 - 10 of 41
, will depend on the extent to which competition in banking is based on fixed or variable costs. If competition focuses on … by the deregulation process. Alternatively, when competition focuses on expenses unrelated to the level of intermediation … competition in fixed costs such as brand image or electronic banking. I propose a simple test using aggregate data to provide an …
Persistent link: https://www.econbiz.de/10011502857
Persistent link: https://www.econbiz.de/10003932541
Persistent link: https://www.econbiz.de/10003926074
To what extent are new and/or innovative firms fundamentally different from established firms, and therefore require a different form of financing? The theoretical background for this proposition is presented, and the empirical evidence on its importance is reviewed. Owing to the intangible...
Persistent link: https://www.econbiz.de/10011497072
, Europe faces large broadband investment needs, calling for a predictable network regulation framework and targeted public … governments should embrace domestic and international competition by dismantling anticompetitive product market regulations …
Persistent link: https://www.econbiz.de/10009388454
After the communist regimes collapsed throughout Eastern Europe and the former Soviet Union, they were replaced (at least initially) by relatively wide-ranging democracy. Measured by the indices of political freedom and civil liberties published by the Freedom House (see the Technical Annex for...
Persistent link: https://www.econbiz.de/10011498872
different types of market structure ranging from perfect competition when there are very many firms (and when consumer welfare … is maximised), through imperfect competition under an oligopoly, to monopoly. …
Persistent link: https://www.econbiz.de/10011502865
There is an active global debate on corporate governance. A few years ago, there was serious concern about whether US companies would be able to compete against the powerful corporate groupings supported by closely involved banks in the Far East. Now, following the collapse of the East Asian...
Persistent link: https://www.econbiz.de/10011502871
Although a large series of papers have been concerned with macroeconomic issues such as price stability or employment, very few studies have discussed the impact of the euro on the competitive structure of European banking markets. Two questions are being addressed in this paper: How does the...
Persistent link: https://www.econbiz.de/10011499036
Throughout the industrialised world the banking sector has embarked on a programme of restructuring and consolidation. In Japan the severity of the banking crisis has recently forced both the banking sector and the authorities to recognise deep-rooted problems and to take decisive action. In...
Persistent link: https://www.econbiz.de/10011499104