's closely tied to economic growth; when used as collateral by banks, rising real estate prices may decrease both expected and … actual losses; and banks may become less risk averse in lending practices in the presence of rising property prices … savings banks, however, we find that real estate prices have little or no impact on savings banks' credit portfolio risk or …

Banks and other intermediaries may help savers commit to investment plans that savers could not stick to if they held …

The increased adoption and infiltration of the Internet has recently redefined the playground for retail banks. Retail … banks are now offering their services primarily through their Internet banking branches. The repercussions of this change to … “brick and mortar” banks have been studied in the context of developed market economies. In this paper, we contribute to the …

We combine two datasets to examine whether the presence of banks affects the profitability and outreach of microfinance …

This paper studies the impact of capital requirements, deposit insurance and franchise value on a bank’s capital … structure. We find that properly regulated banks voluntarily choose to maintain capital in excess of the minimum required …. Central to this decision is both firm franchise value and the ability of regulators to place banks in receivership stripping …