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This paper presents an analysis of the dynamic measures of volatility connectedness of major bank stocks in the US and the EU member countries. The results show that in the early stages of the US financial crisis in 2007 and 2008, the direction of the volatility connectedness was from the US...
Persistent link: https://www.econbiz.de/10010239322
The relationships among competition in the financial sector, access of firms to external financing, and associated … economic growth are ambiguous in theory. Moreover, measuring competition in the financial sector can be complex. In this paper … Claessens and Laeven first estimate for 16 countries a measure of banking system competition based on industrial organization …
Persistent link: https://www.econbiz.de/10014067598
introduces and explains a relatively new concept in competition measurement: the performance-conduct-structure (PCS) indicator … competition in the banking sector after the state interventions of the past years is a key step in this process. This book … competition presenting a brief survey of the complex relationship between financial stability and competition. The theoretical …
Persistent link: https://www.econbiz.de/10010414733
1. Introduction / Jacob A. Bikker and Michiel van Leuvensteijn -- 2. Potential obstacles for competition in the … financial sector / Jacob A. Bikker and Michiel van Leuvensteijn -- 3. The efficiency of firms : what difference does competition … make? / Donald A. Hay and Guy S. Liu -- 4. A new way to measure competition / Jan Boone -- 5. Measuring performance of …
Persistent link: https://www.econbiz.de/10013183607
Persistent link: https://www.econbiz.de/10012177795
countries, and identifies key policy priorities for these two regions: economic and institutional stability, competition, public … also shows that improving credit information, economic competition, the business environment along with economic …
Persistent link: https://www.econbiz.de/10012836535
Smart Contracts (SCs) are usually defined as contracts that are instantiated in computer-executable code that automatically executes all or parts of an agreement with the assistance of block-chain’s distributed trust technology. This is principally a technical description and results in an...
Persistent link: https://www.econbiz.de/10013216957
Smart Contracts (SCs) are usually defined as contracts that are instantiated in computer-executable code that automatically executes all or parts of an agreement with the assistance of block-chain’s distributed trust technology. This is principally a technical description and results in an...
Persistent link: https://www.econbiz.de/10013323257
Persistent link: https://www.econbiz.de/10012929415
Retail Assets in Banks has grown due to the trend among banks to grow at a much faster space. Unlike the commercial exposures banks manage retail assets on pooled basis. In this paper, we discuss the methodology of creating pools of revolving retail assets. We compare the capital charges...
Persistent link: https://www.econbiz.de/10013232641