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This paper measures market power in a decentralized market where contracts are determined through a search and negotiation process. The mortgage industry has many institutional features which suggest competitiveness: homogeneous contracts, negotiable rates, and, for a given consumer, common...
Persistent link: https://www.econbiz.de/10009627564
The paper studies the determinants of being unbanked in the euro area and the United States as well as the effects of being unbanked on wealth accumulation. Based on household-level data from The Eurosystem Household Finance and Consumption Survey and the U.S. Survey of Consumer Finances, it...
Persistent link: https://www.econbiz.de/10011517024
Providing bank notes is one of the Bank of Canada’s core functions. The Bank is therefore interested in whether cash is … adequately distributed across society, and this also influences the Bank’s thinking on issuing a central bank digital currency … distance between the 637 reserve band offices in Canada and their closest cash sources. In this study, these cash sources are …
Persistent link: https://www.econbiz.de/10012520249
lack of credit history and legal documents, bank resistance, and customer feelings of distrust and disrespect contribute to …, Canada, and internationally—can benefit people who are unbanked and underbanked as an alternative to “fringe” banking …
Persistent link: https://www.econbiz.de/10013236554
Chen et al. (2021) show that almost one-third of First Nations band offices in Canada are within 1 kilometre (km) of an … Nations are generally among the most geographically remote communities in Canada. Further, we show that these First Nations … are also among the lowest scoring communities in Canada according to a measure of community well-being based on indicators …
Persistent link: https://www.econbiz.de/10013193291
Using data from Canada and the United States, we quantify consumers' net pecuniary cost of using cash, credit cards …-through have regressive distributional effects in Canada and the United States. …
Persistent link: https://www.econbiz.de/10012426293
within 5 km of an ABM, and 84% live within 5 km of a branch. The total number of ABMs in Canada increased by 3.7% between …
Persistent link: https://www.econbiz.de/10014439056
Persistent link: https://www.econbiz.de/10012180550
put more pressure on the banks' capital. Given high bank concentration and large offshore wholesale funding needs, the …
Persistent link: https://www.econbiz.de/10013085973
? To understand this, it may be helpful to examine how enterprise risk management (ERM) has evolved in Canada. This article … illustrates the development of Canadian bank ERM best practices, and suggests three possible factors that may have led to ERM best … practices in Canada. First, a beneficial environment of strong regulation and economic stability, second, burning platforms of …
Persistent link: https://www.econbiz.de/10013013398