Showing 1 - 10 of 1,491
inequality are characterized by dynamism-a drive toward sophisticated export industries, innovation, and creative destruction and …
Persistent link: https://www.econbiz.de/10012517949
Persistent link: https://www.econbiz.de/10011281169
profitability. Banking system consolidation can play a role in facilitating such efficiency gains, but its effectiveness is likely …This paper examines the case for efficiency-driven banking sector consolidation in Italy, evaluates its potential … effects on profitability, and discusses policy options to facilitate a consolidation process that is as effective as possible …
Persistent link: https://www.econbiz.de/10011705343
The paper analyzes the efficiency and profitability of Japanese banks from 2000-06. It uses a non-parametric approach …, the data envelopment analysis (DEA) to analyze banks'' cost and revenue efficiency. The results show that the performance … regional banks being less cost and revenue efficient relative to both City and Trust banks. While Japanese bank profitability …
Persistent link: https://www.econbiz.de/10014401867
We show that firms' market power dampens the response of their output to monetary policy shocks, using firm-level data for the United States and a large cross-country firm-level dataset for 14 advanced economies. The estimated impact of a firm's markup on its response to a monetary policy shock...
Persistent link: https://www.econbiz.de/10012605640
This paper examines the effect of international trade on corporate market power in emerging market economies and developing countries, with a special focus on sub-Saharan Africa. The analysis is based on a large firm-level dataset, tariff data by sector and agreggate indicators of international...
Persistent link: https://www.econbiz.de/10012299347
Intangible investment is growing as a share of economic activity. We present a simple framework incorporating its distinguishing characteristic of generally greater scalability and lower marginal costs than tangible investment. We show evidence that this may have contributed to more elastic...
Persistent link: https://www.econbiz.de/10012302067
We analyze the profitability of FX swaps used by the central bank of Brazil to shed light on the rationale for FX …
Persistent link: https://www.econbiz.de/10012251968
The paper shows that commercial banks’ ability to lower deposit interest rates (market power) can increase deposit mobilization. Interest expenses saved can subsidize and lower fees on checking and branching services and thus help attract deposits. United States data illustrates the financial...
Persistent link: https://www.econbiz.de/10014399825
We provide an overview of the theories and empricial evidence on the complex relationship among innovation, competition …, and inclusive growth. Competition and innovation-led growth are critical to drive productivity gains and support broad …-based growth. However, new technologies and trends in market concentration are stifling future innovation while contributing to the …
Persistent link: https://www.econbiz.de/10012518975