Showing 1 - 10 of 10,306
welfare consequences of clearing agent failure. The equilibrium degree of tiering is endogenously determined by the cost …-tier network and the availability of public credit history. Furthermore, the welfare effects of clearing agent failure can be …
Persistent link: https://www.econbiz.de/10003711684
Persistent link: https://www.econbiz.de/10009759323
Persistent link: https://www.econbiz.de/10010408403
Persistent link: https://www.econbiz.de/10003799754
A new wave of technological innovations, often called 'fintech,' is accelerating change in the financial sector. What impact might fintech have on financial services, and how should regulation respond? This paper sets out an economic framework for thinking through the channels by which fintech...
Persistent link: https://www.econbiz.de/10011713763
Persistent link: https://www.econbiz.de/10013469632
Persistent link: https://www.econbiz.de/10013469723
Persistent link: https://www.econbiz.de/10003853303
Persistent link: https://www.econbiz.de/10003736775
Persistent link: https://www.econbiz.de/10003737303