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A non-parametric approach is used to examine the effects of globalization and deregulation on the efficiency and … efficient than small banks for most efficiency indices in both years. However, despite globalization, deregulation, and the … gains in technology and productivity, there was a decrease in overall efficiency for both large and small banks in 2003 …
Persistent link: https://www.econbiz.de/10013148964
securitization market. These have triggered a serious concern as to whether the US credit crunch and housing market crisis may be … housing market crisis may have some negative impacts on Chinese commercial banks and the overall economy but are unlikely to … cause a similar financial and housing crisis in China despite the current struggling Chinese stock markets and a slowdown of …
Persistent link: https://www.econbiz.de/10013157129
In August 2007 the United Kingdom experienced its first bank run in over 140 years. Although Northern Rock was not a particularly large bank (it was at the time ranked 7th in terms of assets) it was nevertheless a significant retail bank and a substantial mortgage lender. In fact, ten years...
Persistent link: https://www.econbiz.de/10011689937
of economic fluctuations. They have been critical triggers and propagators in the recent financial crisis. Financial …
Persistent link: https://www.econbiz.de/10003973320
relative to listed firms does not appear to be related simply to systematic differences in size between the two groups of firms … ; financial crisis ; bank lending …
Persistent link: https://www.econbiz.de/10009665488
One suggested hypothesis for the dramatic rise in household borrowing that preceded the financial crisis is that low …
Persistent link: https://www.econbiz.de/10010238213
The complexity of credit-money is conceived as the central issue in the banking-macro nexus, which the authors consider as a structural as well as process component of the evolving economy. This nexus is significant for the stability as well as the fragility of the economic system, because it...
Persistent link: https://www.econbiz.de/10010199689
crisis. The analysis indicates that low interest rates and increased competition among financial intermediaries have not lead …
Persistent link: https://www.econbiz.de/10011489436
We study loans from banking and non-banking lenders to different groups of borrowers in order to unveil significant differences on how those respond to a shock and evaluate possible alternative explanations for such differences. The objective is to gain insights useful to explain the loan...
Persistent link: https://www.econbiz.de/10012838236
Today, the problem facing the United States is not whether cryptocurrencies are money or “thin air,” Iran's nuclear ambition, or COVID-19 induced recession; it is China's fast acceleration in becoming a game changer in the world order that the U.S. has dominated for more than a century....
Persistent link: https://www.econbiz.de/10012825152