Showing 1 - 10 of 36
unconstrained in both product and factor markets, finance has been widely identified as a potential constraint on entrepreneurial … activity due to either debt or equity gaps. However, in terms of externally supplied finance, it is arguably the availability … with the provision of debt finance, the nature of the relationship between bank and entrepreneur can be of considerable …
Persistent link: https://www.econbiz.de/10010790620
Using data from the 1977 Consumer Credit Survey and from the 1989 Survey of Consumer Finances, we investigate changes in the percentage of households with deposit accounts. We find that, among households earning $84,000 or less in 1991 prices, the percentage of households with deposit accounts...
Persistent link: https://www.econbiz.de/10005418731
The discussion in this note seeks to preserve the beneficial features of securitization while mitigating those that may pose risks to financial stability. A comprehensive set of reforms—targeting both supply- and demand-side inefficiencies—will be needed to put securitization back...
Persistent link: https://www.econbiz.de/10011163129
This paper examines the financial stability implications arising from securitization markets, with one eye on the past and another on the future. The paper begins by deriving a number of “lessons learned†based on an examination of key industry developments in the years before the...
Persistent link: https://www.econbiz.de/10011142086
From the 1980s onwards the banking sectors in all the industrialised countries have been experiencing intense … behind such restructuring processes, the globalisation of the credit markets, the consolidation of banking structures, the … integration of the banking systems lead to a narrowing or a widening of the development gap between regions? What relations will …
Persistent link: https://www.econbiz.de/10010854261
This paper examines the developments of the Italian banking system during the Nineties from two related points of view … particularly interesting in the light of the widespread belief that the euro area will significantly increase banking competition … foreign branches and subsidiaries has been influenced by two counterbalancing forces; the big banking groups reduced their …
Persistent link: https://www.econbiz.de/10010854280
The paper examines the relationship between banking and securities activities in the light of financial market … consolidation), with particular reference to Europe. The enhanced links between banking and securities businesses have generated … banking-securities combination for regulatory and supervisory arrangements. The exporting of prudential requirements …
Persistent link: https://www.econbiz.de/10010854293
In the 1990s the banks established in the Italian South have reduced their cost-income ratios and improved their ability to screen customers, increasing profitability. The spread between the loan rates in the South and North has narrowed substantially. Taking into account differences in the size...
Persistent link: https://www.econbiz.de/10010854294
The paper examines the relationship between banking and securities activities in the light of financial market … consolidation), with particular reference to Europe. The enhanced links between banking and securitiesbusinesses have generated … banking-securities combination for regulatory and supervisory arrangements. The exporting of prudential requirements …
Persistent link: https://www.econbiz.de/10010854316
their portfolio according to the tradeoff between liquidity and profitability. We argue that banking behaviour in Brazil has … by a short-termist behaviour and high liquidity preference that have resulted in low credit supply and high banking …
Persistent link: https://www.econbiz.de/10010854336