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compensation practices. Since Enron-type scandals revealed that the so-called 'Chinese wall' self regulation was failing, Vinod …
Persistent link: https://www.econbiz.de/10013144235
regulation is explained from first principles.Our analysis suggests that, in a monopolistic competition setting, with higher … are either unregulated or subject to other, possibly less stringent, types of regulation. It is noteworthy that the first …
Persistent link: https://www.econbiz.de/10012997841
regulation is explained from first principles.Our analysis suggests that, in a monopolistic competition setting, with higher … are either unregulated or subject to other, possibly less stringent, types of regulation. It is noteworthy that the first …
Persistent link: https://www.econbiz.de/10012981178
whether, when, and how firms respond to proposed regulation. We find evidence to suggest that the affected banks not only … models prior to rule makers finalizing the regulation. Further, our results indicate a sequential response, with banks … political choices in response to proposed regulation, and indicate that the appropriate date for an event study may be the …
Persistent link: https://www.econbiz.de/10012856871
efficient. Implications for welfare and regulation therefore depend highly on the nature of the shocks and the competitiveness …
Persistent link: https://www.econbiz.de/10011806238
We study the effect of bank merger deregulation on market structure and wages in the banking industry. We show that state deregulation of bank mergers and acquisitions increased the market share of large, multi-state banks and lowered wages for bank workers by up to 8 percentage points, with...
Persistent link: https://www.econbiz.de/10013403901
deposit customers. In the past, bank regulation has often been blamed for undermining competition and the functioning of … tries to shed some light on the historical development and current state of bank regulation in Germany. In so doing, it … tries to embed the analysis of bank regulation in a more general industrial organization framework. For every regulated …
Persistent link: https://www.econbiz.de/10009765356
This paper discusses the impact of deregulation and market integration policies on the structure of European banking markets. The paper argues that whether European integration will lead to an increased exploitation of scale advantages, or not, will depend on the extent to which competition in...
Persistent link: https://www.econbiz.de/10011502857
Persistent link: https://www.econbiz.de/10001431987
Persistent link: https://www.econbiz.de/10001441527