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The latest advancement in financial technology has posed unprecedented challenges for incumbent banks. This paper … advancement in banks. The analysis shows that the traditionally leading role of banks in advancing financial technology has … concentrated banking industry, as smaller and less tech-savvy banks struggle to survive. Cross-country evidence has suggested that …
Persistent link: https://www.econbiz.de/10012518676
There has been a global push to decrease the cost of remittances since at least 2009, which has culminated with its inclusion in the Sustainable Development Goals in 2015. Despite this effort and the emergence of new business models, remittance costs have been decreasing very slowly, disproving...
Persistent link: https://www.econbiz.de/10012605535
government interventions in more than 800 banks across 27 countries between 2007 and 2017. For identification, we use a … multivariate matching method. We find that intervened banks experience a significant decline in market power with respect to … matched non-intervened banks. This effect is more pronounced for larger and longer interventions and is driven by a rise in …
Persistent link: https://www.econbiz.de/10012485992
We reconsider the design of welfare-optimal monetary policy when financing frictions impair the supply of bank credit, and when the objectives set for monetary policy must be simple enough to be implementable and allow for effective accountability. We show that a flexible inflation targeting...
Persistent link: https://www.econbiz.de/10012392579
provides guidance on how non-Basel Committee member countries could incorporate banks' capital and liquidity standards into …
Persistent link: https://www.econbiz.de/10012102040
banks in the early 2000s propelled the financial system and the economy into crisis. While these findings should not be … governing interactions between regulators and banks. Enhanced transparency of regulatory decisions as well as strenghtened …
Persistent link: https://www.econbiz.de/10012103556
spotting banks that failed (bad apples). This paper proposes that these market-based ratios could be used as a surveillance …
Persistent link: https://www.econbiz.de/10012103615
-whether financial intermediation is performed through banks or markets-for macroeconomic volatility, against the backdrop of increased …
Persistent link: https://www.econbiz.de/10012009977
match shifting U.S. monetary policy. This raises the important question of how changes in U.S. monetary policy affect banks … in the GCC. We use bank-level panel data, exploiting variation across banks within countries, to isolate the impact of … changing U.S. interest rates on GCC banks funding costs, asset rates, and profitability. We find stronger pass-through from U …
Persistent link: https://www.econbiz.de/10012154990
Persistent link: https://www.econbiz.de/10009423925