Showing 1 - 10 of 888
Government debt is high in most developed countries, and while it may reflect short-term attempts to kick-start the economy in times of crisis through fiscal stimulus, the longer-term consequences risk being detrimental to investment and growth. This makes it important to identify factors that...
Persistent link: https://www.econbiz.de/10011911155
This paper investigates empirically whether the relation between finance and growth depends on a specific type of financing. I construct a novel panel data set for 34 high income countries over the time period from 1995 to 2014 based on financial accounts data. It allows distinguishing between...
Persistent link: https://www.econbiz.de/10011962798
Competition law compliance has become increasingly important in the banking industry as the number of infringements and … competition law infringements. Therefore, this article sets out an approach to assessing the residual risk of antitrust non …
Persistent link: https://www.econbiz.de/10011377828
Regulators have long been aware of the social aspects of communication. In the past, regulated monopolists have provided Universal Service Obligations, typically funded via a system of cross-subsidies. In this paper, we first review the rationale for imposing Universal Service Obligations, based...
Persistent link: https://www.econbiz.de/10011409371
In this paper we study how competition and financial soundness affect financial inclusion in Sub-Saharan Africa (SSA …). We use detailed individual-level survey data, combined with key country-level indicators of bank competition and …, and bank loans). We find that more competition tends to increase the probability of access to these financial products. On …
Persistent link: https://www.econbiz.de/10011978430
effect of infrastructure-based competition between xDSL broadband and cable-TV broadband subscriptions on investments. We use …
Persistent link: https://www.econbiz.de/10012023645
We examine how bank competition in the run-up to the 2007-2009 crisis affects banks' systemic risk during the crisis … competition at the industry level lead to higher realized systemic risk. The results suggest that the use of securitization …
Persistent link: https://www.econbiz.de/10012102090
We test for the distributional effects of regulation and entry in the mobile telecommunications sector in a highly unequal country, South Africa. Using six waves of a consumer survey of over 134,000 individuals between 2009-2014, we estimate a discrete-choice model allowing for...
Persistent link: https://www.econbiz.de/10012029118
Markets Programme (SMP). Using detailed security holdings data at the bank level, we show that banks exposed to this …
Persistent link: https://www.econbiz.de/10011637495
In this work, we evaluate the competition in the Romanian banking system as regards the distortions in terms of market … shares and the origin of capital, for the period 2000-2010, using the methodology of the structural analysis of the markets …) where we analyse the competition on the Romanian banking market, using two indicators: the M index and the degree of the …
Persistent link: https://www.econbiz.de/10010529071