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Una evaluación de la competencia en el sector bancario de Argentina: Evidencia empírica con datos a nivel de banco
González Padilla, Héctor Gustavo - 2010
The profit-maximizing and oligopoly bank model developed by Bresnahan and Lau allows determining the degree of market power held by an average bank. The equilibrium price equation includes a mark up, which is not used in the case of perfect competition but which is partially used in the case of...
Persistent link: https://www.econbiz.de/10010325100
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Das Vermögensverwaltungsgeschäft durch Nicht-Banken in der Schweiz
Mauchle, Stefan; Geiger, Hans - 2008
Neben den Banken wird das Vermögensverwaltungsgeschäft in der Schweiz auch von an-deren Anbietern betrieben … in der Schweiz. Im zweiten Kapitel werden die Strukturen der Branchen sowie wichtige finanzielle Aspekte dargestellt … der inländischen Effektenhändler und der unabhängigen Vermögensverwalter in der Schweiz. …
Persistent link: https://www.econbiz.de/10010315402
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Complex mortgages
Amromin, Gene; Huang, Jennifer; Sialm, Clemens; Zhong, … - 2010
Complex mortgages became a popular borrowing instrument during the bullish housing market of the early 2000s but vanished rapidly during the subsequent downturn. These non-traditional loans (interest only, negative amortization, and teaser mortgages) enable households to postpone loan repayment...
Persistent link: https://www.econbiz.de/10010292189
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Business cycles: A role for imperfect competition in the banking system
Mandelman, Federico S. - 2006
This paper studies the cyclical pattern of ex post markups in the banking system using balance-sheet data for a large set of countries. Markups are strongly countercyclical even after controlling for financial development, banking concentration, operational costs, inflation, and simultaneity or...
Persistent link: https://www.econbiz.de/10010292221
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Interest rate pass-through estimates from vector autoregressive models
Burgstaller, Johann - 2005
The empirical literature on interest rate transmission presents diverse and sometimes conflicting estimates. By discussing methodological and specification-related issues, the results of this paper contribute to the understanding of these differences. Eleven Austrian bank lending and deposit...
Persistent link: https://www.econbiz.de/10010294598
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El mercado de crédito hipotecario de Perú
Eyzaguirre, Hugo; Seminario, Carlos Calderón - 2003
El presente estudio tiene como finalidad documentar la evolución del mercado de crédito hipotecario en Perú durante los últimos dos decenios y, sobre esta base, analizar y comprender los factores económicos-financieros e institucionales que han limitado o promovido su crecimiento durante...
Persistent link: https://www.econbiz.de/10010327050
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Creditor Rights and the Credit Market: Where Do We Stand?
Galindo, Arturo - 2001
A recent survey has shown that the major problem faced by firms in Latin American countries is difficulty in accessing financial markets. Figure 1 summarizes the findings of the Business Environment Survey on obstacles faced by firms.
Persistent link: https://www.econbiz.de/10010327073
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Costa Rica: The Next Stage-Reform without Volatility. A Report
Zamora, Rodrigo Bolaños - 1999
This study assesses macroeconomic volatility in Costa Rica, based largely on politically weak governments` inability or unwillingness to effect key reforms. Notable problems include volatility-prone fiscal and monetary policy, structurally weak public finances due to large domestic debts and...
Persistent link: https://www.econbiz.de/10010327135
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Structural Volatility in Argentina: A Policy Report
Caballero, Ricardo J. - 2000
The author identifies sources of volatility in Argentina that include weak international financial links, a recurrent credit crunch and financial underdevelopment problem, a fragile fiscal situation, and a pervasive profit and collateral squeeze mechanism brought about by a rigid labor market...
Persistent link: https://www.econbiz.de/10010327170
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The mortgage rate conundrum
Justiniano, Alejandro; Primiceri, Giorgio E.; … - 2017
We document the emergence of a disconnect between mortgage and Treasury interest rates in the summer of 2003. Following the end of the Federal Reserve expansionary cycle in June 2003, mortgage rates failed to rise according to their historical relationship with Treasury yields, leading to...
Persistent link: https://www.econbiz.de/10012030332