Showing 1 - 10 of 3,000
whether mobile phones, economic growth, bank competition and stability matter for financial inclusion. Data from 49 countries …. There was evidence to show that financial inclusion responds positively and significantly to shocks in bank competition …
Persistent link: https://www.econbiz.de/10012023995
on competition in different segments of the credit market. We use maximum likelihood estimations of double hurdle …
Persistent link: https://www.econbiz.de/10014186201
Persistent link: https://www.econbiz.de/10011350194
Persistent link: https://www.econbiz.de/10011791327
Is bank capital structure designed to extract deposit subsidies? We address this question by studying capital structure decisions of shadow banks: intermediaries that provide banking services but are not funded by deposits. We assemble, for the first time, call report data for shadow banks which...
Persistent link: https://www.econbiz.de/10012835979
This study investigates the efficiency of large commercial banks in Asia and the Pacific region. In particular, the overall technical efficiency, pure technical efficiency and scale efficiency has been estimated, the factors (including, the environmental factors) that influence efficiency of...
Persistent link: https://www.econbiz.de/10013004387
Bank balance sheet lending is commonly viewed as the predominant form of lending. We document and study two margins of adjustment that are usually absent from this view using microdata in the $10 trillion U.S. residential mortgage market. We first document the limits of the shadow bank...
Persistent link: https://www.econbiz.de/10012851201
We propose a novel technique to measure three aspects of banks' sectoral concentration that feature prominently in episodes of intensi fied (systemic) bank risk: specialization (capturing overexposures), differentiation (capturing indirect connectedness), and fi nancial sector exposure...
Persistent link: https://www.econbiz.de/10012934143
In this paper we discuss the competition and innovation arguments for issuing a central bank digital currency (CBDC). A … CBDC could be an effective competition policy tool for payments. On innovation, we argue that a CBDC could be necessary to … support the vibrancy of the digital economy by helping solve market failures and fostering competition and innovation in new …
Persistent link: https://www.econbiz.de/10012597711
We analyze U.S. banks' asset exposure to a recent rise in the interest rates with implications for financial stability. The U.S. banking system's market value of assets is $2 trillion lower than suggested by their book value of assets accounting for loan portfolios held to maturity....
Persistent link: https://www.econbiz.de/10014247969