Showing 1 - 10 of 6,822
This paper develops a model in which market structure is determined endogenously by the choice of intermediation mode. We consider two representative business modes of intermediation that are widely used in real-life markets: one is a middleman mode by which an intermediary holds inventories...
Persistent link: https://www.econbiz.de/10011520869
This paper develops a model in which market structure is determined endogenously by the choice of intermediation mode. We consider two representative business modes of intermediation that are widely used in real-life markets: one is a middleman mode where an intermediary holds inventories which...
Persistent link: https://www.econbiz.de/10011526728
Persistent link: https://www.econbiz.de/10010190985
Fees for banking services have been a policy concern for over 20 years and the subject of several government agencies …
Persistent link: https://www.econbiz.de/10011709329
growth. We further demonstrate that banking market structure can be responsible for the emergence of development traps in …
Persistent link: https://www.econbiz.de/10003864581
This paper studies ATM coalitions in retail banking. We ask when it is profitable for banks to make agreements which … in the banking market. We find that such agreements are profitable when the interchange fee is sufficiently high. When … typically higher with a coalition. -- Banking competition, ATM networks, collusion …
Persistent link: https://www.econbiz.de/10003894694
bank loan quality. It shows that if a banking market is liberalized, the opportunity cost of screening loan applicants is …
Persistent link: https://www.econbiz.de/10012953257
growth. We further demonstrate that banking market structure can be responsible for the emergence of development traps in …
Persistent link: https://www.econbiz.de/10013159013
In this paper we show that bank competition has an intrinsically ambiguous impact on capital accumulation. We further show that it is also responsible for the emergence of development traps in economies that otherwise would be characterized by unique equilibria. These results explain the...
Persistent link: https://www.econbiz.de/10013138153
Persistent link: https://www.econbiz.de/10012495755