Showing 1 - 10 of 1,458
This paper examines prudential regulation of a multinational bank (MNB hereafter) and shows how regulatory intervention depends on the liability structure and insurance arrangements for non local depositors (i.e. on the representation form for foreign units). Shared liability among the MNB’s...
Persistent link: https://www.econbiz.de/10011604477
unlikely to switch to a branch model. Even though host country supervisors do not lose all responsibility for the regulation … certain cases. Thus, the spread of the branch model may increase the risk of contagion from parent banks in the host countries …
Persistent link: https://www.econbiz.de/10011481581
adoptions, bank branch network between 2006 and 2018 has tripled and ATM networks have increased four-fold. In this paper, we …. In particular: (i) the provision of an extensive branch network is associated with a higher operating costs per unit of … convenience on the deposit rate is negative for both bank branch network and ATMs network albeit insignificant, while the a higher …
Persistent link: https://www.econbiz.de/10012807548
percentage of these branches are held by banks with large branch networks. This paper assesses the implications of these … developments by examining a series of simple branch performance measures and asking how these measures vary, on average, across … institutions with different branch network sizes. The key findings are that banks with 100 to 500 branches (mid-sized networks) had …
Persistent link: https://www.econbiz.de/10010283383
average-sized branch experienced a 12 percent net internal fund withdrawal, with the fund transfer disproportionately bigger …
Persistent link: https://www.econbiz.de/10010287109
The financial labor supply accelerator links hours worked to minimum down payments for durable good purchases. When these constrain a household's debt, a persistent wage increase generates a liquidity shortage. This limits the income effect, so hours worked grow. The mechanism generates a...
Persistent link: https://www.econbiz.de/10010292192
So far, the literature on dynamic stochastic general equilibrium models with energy price shocks uses energy on the … production side only. In these models, energy shocks are responsible for only a negligible share of output fluctuations. We study … the robustness of this finding by explicitly modeling private consumption of energy at the household level in addition to …
Persistent link: https://www.econbiz.de/10010292215
Should a central bank accommodate energy price shocks? Should the central bank use core inflation or headline inflation … with the volatile energy component in its Taylor rule? To answer these questions, we build a dynamic stochastic general … equilibrium model with energy use, durable goods, and nominal rigidities to study the effects of an energy price shock and its …
Persistent link: https://www.econbiz.de/10010292245
During the past thirty-five years, energy use as a fraction of output has dropped significantly at both the household … energy price hike for different firm and household energy shares. Simulation results indicate that the economy's output … response is mainly determined by the firm energy share. Increasing the household energy share while keeping firm energy share …
Persistent link: https://www.econbiz.de/10010292312
This paper analyzes the incentive effects of pollution taxes versus pollution permits for a revenue maximizing Government that also pursues environmental objectives. In our model, pollution permits are analyzed as durable goods, and the leasing of pollution permits is seen as an equivalent to a...
Persistent link: https://www.econbiz.de/10010296914