Showing 1 - 10 of 495
Contemporary bank governance is criticized for manager-dominated (insider) boards of directors, but from the beginning of the nineteenth century, bank presidents appear also to have operated as chairmen of the boards of directors. However, the managers were constrained by a variety of rules that...
Persistent link: https://www.econbiz.de/10011396829
Policies aimed to spur quality competition among health care providers are ubiquitous, but their impact on quality is … heterogeneous impact of recent competition enhancing reforms in Sweden. The reforms led to substantially more entry of new providers …
Persistent link: https://www.econbiz.de/10013208779
payments and financial literacy, as well as markets for health insurance, crop insurance, agricultural credit, small firm …
Persistent link: https://www.econbiz.de/10012013812
This paper surveys the literature on the linkages between asset prices and macroeconomic outcomes. It focuses on three major questions. First, what are the basic theoretical linkages between asset prices and macroeconomic outcomes? Second, what is the empirical evidence supporting these...
Persistent link: https://www.econbiz.de/10012060200
changes in financial intermediaries' balance sheets for the supply of credit, liquidity and asset prices, and, consequently …
Persistent link: https://www.econbiz.de/10012060201
In recent years growing competition in the microfinance industry has been censured for multiple borrowing, default … crises, high interest rates and coercive recovery of loans. Using the Boone indicator as a measure for competition, our paper … investigates the impact of competition on microfinance institutions' (MFIs) outreach, financial performance and quality of loan …
Persistent link: https://www.econbiz.de/10011396728
By eliminating the influence of statistical noise, stochastic frontier techniques permit the estimation of the best-practice value of a firm´s investment opportunities and the magnitude of a firm´s systematic failure to achieve its best-practice market value - a gauge of the magnitude of...
Persistent link: https://www.econbiz.de/10011687921
Purpose: This study examines agricultural lending by commercial banks and the competition they face from the Farm … lending volumes. Findings: Our analysis shows that the two sources of competition have very different effects on commercial … Credit System and non-traditional lenders, including merchants, dealers, and other input suppliers. Design …
Persistent link: https://www.econbiz.de/10012888650
duplication of research. An increase in the intensity of competition among firms leads to an increase in the variety of developed …
Persistent link: https://www.econbiz.de/10011663162
surplus-sharing and product differentiation, it is chosen by the second mover to avoid Bertrand competition. The equilibrium …
Persistent link: https://www.econbiz.de/10013208736