Showing 1 - 10 of 10
English Abstract: The author proposes a new type of asset-backed security, called Exchange Traded Pieced Loan (ETPL), designed to address a variety of major issues for savers, lenders, borrowers, authorities and other stakeholders in China's markets for investment and credit. An ETPL's...
Persistent link: https://www.econbiz.de/10013053830
English Abstract: The authors review the availability and allocation of commercial credit in China, the investment options presented to savers and the funding options available to Chinese banks. They highlight the markets intrinsic deficiencies, vast externalities and tremendous potentials for...
Persistent link: https://www.econbiz.de/10013057291
English Abstract: In recent years, the spectacular expansion of China's shadow banking attracts broad attention from … both academia and policy makers. Beyond traditional on-balance sheet bank loans and bond investment, how did shadow banking … develop to a scale as high as RMB 5 trillion yuan? This paper systematically reviews development of shadow banking since 2002 …
Persistent link: https://www.econbiz.de/10012830979
This paper investigates whether distributional effect arising from the impact of monetary policy on bank credits will be different when monetary policy is asymmetric. Methodologically, we use a set of high frequency panel data for Taiwan commercial banks and adopt Arellano and Bond's (1991)...
Persistent link: https://www.econbiz.de/10008492961
cost efficiency and cost growth rate of Taiwanese banking industry during 1995 to 2005. The cost growth rate was decomposed … change and output scale change. Empirical results indicate 7.87% cost growth rates decline in the banking industry. Then we …
Persistent link: https://www.econbiz.de/10008555980
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