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New England banks are currently suffering from problems similar to those that caused the demise of many Texas banks. In … on to repeat the Texas experience. The author finds that New England does not suffer from construction "overhang" to the … same extent as Texas. Furthermore, the New England economy is more diversified, and can be expected to experience a more …
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From the time the U.S. recession began in December 2007 through the subsequent recovery, Texas and the Eleventh Federal … Reserve District have outperformed the nation.While economic activity is better in Texas, it remains far from robust. And … though Texas employment hasn’t fully reclaimed levels reached before the crisis, the other 11 Federal Reserve districts …
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The Federal Reserve System plays a crucial role in the payments system that is especially important during periods of financial turmoil. In this article, Robert Clair, Joanna Kolson, and Kenneth Robinson explain the process and the risks involved in clearing checks in the private sector. They...
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place to bank. Seemingly ubiquitous in the modern Texas landscape, banks are both a source and a sign of the state's robust … business to support their overhead, making them less efficient. ; So where do Texas banks and banking markets fall on this … spectrum? A good way to answer that question is to compare the availability of banking services in Texas with availability in …
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Small and medium enterprises (SMEs) represent a large percentage of the corporate tissue of developed countries, but they do not have adequate attention. In fact, various researchers have focused their studies on larger and well-known companies. This paper aims to investigate the impact of...
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The subject of the study is the phenomenon of household financialization. In the first part of the article a sense of this situation and its influence on the different functioning areas of the households (income, expenses, financial decisions) is described. What is more, the positive and...
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