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This paper uses data across 365 corridors to document time and country variation in remittance fees and explore factors predicting variation in remittance fees. We document a general reduction in such fees over the past decade although the goal of fees below 3 percent has not been met yet in...
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This paper uses matched bank-firm-level data and the 2014 depreciation of the euro to show that exchange rate … depreciations lead to increased bank loan supply of large banks with significant net foreign asset exposure. This increase in …
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conference held at the Federal Reserve Bank of Chicago, in November 2012 that examined the social value of the financial sector …
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reviews the debate about marketbased vs. bank-based financial systems. Using data for a sample of 40 countries over the period … economic growth, but the degree to which a financial system is market- or bank-based cannot explain economic development across …
Persistent link: https://www.econbiz.de/10011498528
Between 1995 and 2005, foreign bank participation in Mexico rose from 2 percent of bank assets to 83 percent, as the … top five largest banks were acquired by foreigners. This paper examines the link between foreign bank acquisitions and … banking outreach. Using quarterly country, bank, and bank-municipality-level data, the authors find some contrasting patterns …
Persistent link: https://www.econbiz.de/10010521291
Analysis of a panel data set for 1976-98 shows that on balance stock markets and banks positively influence economic growth; findings that do not result from biases induced by simultaneity, omitted variables, or unobserved country-specific effects
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