are likely in the near future. -- banks ; comparative political economy ; financial regulation ; microprudential policy …

, a leverage ratio, to maintain financial stability, while taking account of the impact on credit provision. A change in …

rates might affect not only the quantity, but the quality of credit extended as well. In line with this debate, this paper … Macedonia. For this purpose we use a rather unique database of corporate loans, taken from the Credit Registry of the National … Bank of the Republic of Macedonia (NBRM), which is complemented with data from banks' balance sheets. By using pooled OLS …

challenges, especially for banks, which tend to produce multiple outputs and operate with considerable inefficiency. We estimate … Lerner indices for U.S. banks for 2001-18 using nonparametric estimators of the underlying cost and profit functions …, controlling for inefficiency, and incorporating banks' off-balance-sheet activities. We find that mis-specification of cost or …

generalizes bank competition theories, including Bertrand-Nash competition, credit rationing, and joint-maximization. While we … loss by 80% because non-competitive banks internalize some of the burden. Conversely, subsidies are less effective in non …

Research subject of this paper is the credit transmission mechanism in the Republic of Macedonia or in other words this … paper investigates the effects of the monetary signals by the National Bank of the Republic of Macedonia on banks' lending …. The credit transmission is analyzed through its narrow nature or so called bank lending channel. In order to explain how …

the Federal Home Ownership and Equity Protection Act (HOEPA) by including home purchase and open end mortgage credit, by … rejections, while having little impact on the flow (application and origination) of credit. However, the strength of the law …, measured by the extent of market coverage and the extent of prohibitions, can have strong impacts on both the flow of credit …