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The contribution of institutionally diversified financial sectors to more sustainable growth and financial stability-in particular the role of effective local banking structures—is not always fully appreciated, whether in the context of development cooperation or in policy discussions in the...
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Based on the classification of decentralised and centralised banking, this paper investigates diversity in business lending in the UK. Using expert interviews and desk research, the distance between lenders and SMEs in credit decisions for the identified types of lenders is classified. Due to...
Persistent link: https://www.econbiz.de/10012153538
European supervisors aggressively requested more capital at large banks. That may cut credit to the economy. We confirm that especially larger banks cut loans while less-significant banks partly offset that credit drop. Moreover, we identify nasty spillovers from that interaction. Specifically,...
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The structural diversity of the German banking market and the associated variety of business models is thought to have been an important factor in the stability of the German banking market in recent decades. This diversity is manifested both in the three-pillar structure of the German banking...
Persistent link: https://www.econbiz.de/10012153534
Usury is a frequent occurrence in consumer credit markets and particularly affects low-income households. Although the term usury conjures images of a greedy individual consciously acting to exploit the weak bargaining position of another by deceitful and even fraudulent means, we consider it as...
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Italian experience can really serve as a role model for Germany. Our analysis confirms that the Italian reforms of the 1990s … sector differed markedly from Germany's. Therefore, one may question the transferability of the Italian experience to Germany … diesem Aufsatz stellen wir die Frage, ob das italienische Beispiel wirklich als Vorbild für Deutschland dienen kann. Unsere …
Persistent link: https://www.econbiz.de/10010490729