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Regulation of investor access to financial products is often based on product familiarity indicated by previous use. The underlying premise that lack of familiarity with a product class causes unwarranted participation is difficult to test. This paper uses household-level data from the...
Persistent link: https://www.econbiz.de/10010384336
Household access to financial products is often conditioned on previous use. However, banning access when learning is possible may be discriminatory or counterproductive. The 'experiment' of German reunification (exogenously) offered to East Germans unconditional access to (exogenously)...
Persistent link: https://www.econbiz.de/10012061570
Persistent link: https://www.econbiz.de/10012127116
Denmark entered the pandemic on a strong economic footing and utilized its large policy space built over time to successfully address the crisis and lay the ground for a strong recovery. The outlook is for a rebound in activity, but uncertainty remains elevated with risks tilted to the downside....
Persistent link: https://www.econbiz.de/10012604059
Purpose – Often farmers do not switch to a new bank even if it offers better interest rates than the house bank. This can be attributed partly to transaction costs, and partly to bounded rationality. The purpose of this paper is to better understand farm borrowers by analyzing the role of...
Persistent link: https://www.econbiz.de/10009193044
concerning the granting of loans. Findings – The findings show (amongst others) that bank internal ratings can be a motivation …
Persistent link: https://www.econbiz.de/10014837777
awarded smaller loans than requested than are native entrepreneurs. However, the underlying reasons for this effect may be …
Persistent link: https://www.econbiz.de/10014769821
and a strong theoretical basis when evaluating their collateral. The valuation of real estate for long‐term loans has …
Persistent link: https://www.econbiz.de/10014898182
confronted with the workout of their non‐ and sub‐performing real estate loans to proactively solve the problem. When doing so … loans is a key consideration for answering the question of integration or disintegration. Assuming highly specific … for the decision of integrating or disintegrating the workout of real estate loans. The degree of specificity required to …
Persistent link: https://www.econbiz.de/10014898190
Purpose – Often farmers do not switch to a new bank even if it offers better interest rates than the house bank. This can be attributed partly to transaction costs, and partly to bounded rationality. The purpose of this paper is to better understand farm borrowers by analyzing the role of...
Persistent link: https://www.econbiz.de/10014667115