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Persistent link: https://www.econbiz.de/10009750609
This paper analyzes cooperation between sovereign national authorities in the supervision and regulation of a multinational bank. We take a political economy approach to regulation and assume that supervisors maximize the welfare of their own country. The communication between the supervisors is...
Persistent link: https://www.econbiz.de/10009636539
We live in a service economy, but the extent of development of service employment differs across developed countries. This paper assesses the role of structural factors and institutions in explaining the common patterns and main differences in the recent expansion of service employment in OECD...
Persistent link: https://www.econbiz.de/10009636543
In a payment card association such as Visa, each time a consumer pays by card, the bank of the merchant (acquirer) pays an interchange fee (IF) to the bank of the cardholder (issuer) to carry out the transaction. This paper studies the determinants of socially and privately optimal IFs in a card...
Persistent link: https://www.econbiz.de/10009640439
The paper presents an analysis of the trade-offs of participants of different type between payment delay and liquidity requirement on the basis of synthetically generated data. The generation of the synthetic transaction data set for a simple RTGS system is described and calibrated using real...
Persistent link: https://www.econbiz.de/10009640617
Persistent link: https://www.econbiz.de/10011444990
This report presents the external evaluation of the European Union's (EU) strategy of cooperation with the West Africa region and of its implementation over the period 2008-2016. Its main objectives are: i) to provide both the EU institutions and a broader audience with an independent and global...
Persistent link: https://www.econbiz.de/10012056094
Persistent link: https://www.econbiz.de/10012056100
’s support to its partner countries in the energy sector. It covers interventions designed or implemented during the 1996 …’s interventions in the energy sector have aimed to contribute to three very different goals: - Improving access to energy in … developing countries as a means of reducing poverty; - Securing energy supplies to the EU; - Improving nuclear safety in the …
Persistent link: https://www.econbiz.de/10009638735
Persistent link: https://www.econbiz.de/10010520677