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We propose a simple model of borrower optimism in competitive lending markets with asymmetric information. Borrowers in our model engage in self-deception to arrive at a belief that optimally trades off the anticipatory utility benefits and material costs of optimism. Lenders' contract design...
Persistent link: https://www.econbiz.de/10012213062
We propose a simple model of borrower optimism in competitive lending markets with asymmetric information. Borrowers in our model engage in self-deception to arrive at a belief that optimally trades off the anticipatory utility benefits and material costs of optimism. Lenders' contract design...
Persistent link: https://www.econbiz.de/10012237248
Persistent link: https://www.econbiz.de/10009248626
Persistent link: https://www.econbiz.de/10012007473
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Geographic expansion negatively impacts bank outcomes during recessions. While increases in average bank …-to-branch distance for a given bank have a small positive impact on bank performance, increases in average bank-to-branch distance across …
Persistent link: https://www.econbiz.de/10014632694
The aim of the study is to estimate the level of competition and concentration in the Polish banking sector in 1997 …) have been used for the evaluation of competition. Concentration in the Polish banking industry was analysed by using … concentration indices (k bank concentration ratios (CR5) and the Herfindahl-Hirschman indices (HHI)).Empirical analysis shows that …
Persistent link: https://www.econbiz.de/10013096327
This study provides analysis of the competition in the Indonesian banking industry of publicly-listed Indonesia banks … before and after financial global crisis. Applying a balanced panel data, this study also identify the effect of competition … of bank-specific factors and macroeconomics variables on efficiency (NIM). The results show that in general, the banking …
Persistent link: https://www.econbiz.de/10013090157
regulation and Europeanisation of supervision, however, -so far neglecting differences in risk profiles and bank sizes …-Anwendungen vorhandene Bank- und Finanzdienstleistungen ergänzen, aber nicht ersetzen werden. Wir warnen jedoch vor bestehenden …
Persistent link: https://www.econbiz.de/10012153544
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