Showing 1 - 10 of 7,365
-competitive regulation underlying Open Banking projects in the EU, UK, Australia and other jurisdictions as the true game-changer approach …
Persistent link: https://www.econbiz.de/10012838414
The principal agent problem is one of the major issues of the credit rating agency market. Is it possible to solve the prevailing incentive problem of the market and contemporaneously satisfy the reputation demand of the investors? This paper presents an option for regulating the credit rating...
Persistent link: https://www.econbiz.de/10009672312
After analyzing the long-term credit ratings on European structured debt products before and after European Parliament's introduction of Article 8d in June 2013, which aims to diversify the market by encouraging the use of small credit rating agencies, I find that the rating split between large...
Persistent link: https://www.econbiz.de/10012912993
The research seeks to gauge the global competitiveness of Central and Eastern European (CEE) financial markets. The assessment is made using quantitative and hybrid metrics of financial centre development while placing particular emphasis on competitiveness drivers relevant to the activity of...
Persistent link: https://www.econbiz.de/10012962637
We consider comprehensive data on crowdfunding in the U.S., including debt (marketplace lending), rewards, donations, and equity crowdfunding, to formally test for the first time if banks are complements or substitutes to crowdfunding. The data indicate that bank failures in a county are...
Persistent link: https://www.econbiz.de/10012896639
Persistent link: https://www.econbiz.de/10011286097
tries to shed some light on the historical development and current state of bank regulation in Germany. In so doing, it …In Germany a public discussion on the power of banks has been going on for decades now with the term power having at … deposit customers. In the past, bank regulation has often been blamed for undermining competition and the functioning of …
Persistent link: https://www.econbiz.de/10009765356
The paper investigates the link between bank concentration and a country's buyout market. We perform a macro level analysis for 15 European countries during 1997-2007. We estimate the elasticity of the country i's buyout market to country i's concentration in the banking sector. Our major...
Persistent link: https://www.econbiz.de/10011387151
Using comprehensive loan-level data in China, we investigate how the deregulation on bank entry barriers alters local banking industrial organization and its economic consequences. We document a novel trade-off: the potential benefits of deregulation are adversely mitigated by entrant banks'...
Persistent link: https://www.econbiz.de/10012900427
This paper analyzes the monthly evolution of bank competition in Mexico from 2008 to 2019 using different measures. Subsequently, we analyze whether the 2014 financial reform had an effect on some of our competition measures. We use ordinary and quantile regression techniques and Markov...
Persistent link: https://www.econbiz.de/10012584137