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Basically, shadow banking is an original kind of business organization, or better a set of institutions and markets, finalized to disinvest fixed assets and convey them to the financial markets. Nowadays, tackling the subject means penetrating the hard core of financialization. Shadow banking...
Persistent link: https://www.econbiz.de/10011494440
Over the last decade, modern, disruptive innovation and FinTech services have been developing rapidly and are becoming widely used in the banking industry, thereby transforming financial services for customers with both positive and negative implications. Our paper contributes to identifying the...
Persistent link: https://www.econbiz.de/10014229915
How does bankruptcy affect the dynamics of aggregate consumption? We quantify the trade-off between the insurance and creditworthiness effects of bankruptcy in response to tighter credit. We show that bankruptcy dampens the effect of tighter credit on aggregate consumption on impact because it...
Persistent link: https://www.econbiz.de/10013330698
at the retail level. A rapid price decline and a decline in revenues followed. Increased retail competition eventually … be justified on the basis of a lack of competition. …
Persistent link: https://www.econbiz.de/10011433008
In 2000, there were as many countries served by a single mobile network as by network competition. Today, only 30 … low coverage, inefficient duplication of costs and lack of competition. To date, the authors are not aware of such single … light on the expected performance of single wholesale networks. The key result is that countries with network competition …
Persistent link: https://www.econbiz.de/10011445481
competition among counties. The present paper highlights the situation in which the citizens of two countries have the opportunity …
Persistent link: https://www.econbiz.de/10011482449
Much of the current policy and scientific debate regarding territorial development focuses on territorial competition …, which is a result of the outspread of competition (the centerpiece in classical and neoclassical political economy) over … many aspects of other disciplines except economics, including geographical science. Territorial competition as a concept …
Persistent link: https://www.econbiz.de/10011507848
SNCF can be considered as an active player in the Air transport competition, offering low travel times, competitive prices … Marseilles, 21 between Paris and Bordeaux, etc. The development of the TGV network creates new opportunities of competition with … Air France and other carriers. That is one of the reasons of the relative weakness of competition within the domestic Air …
Persistent link: https://www.econbiz.de/10011560294
Robert Bork's Antitrust Paradox (1978) has been justification for lack of antitrust behavior for over four decades. His test essentially asks if consumers are harmed by the pricing practices of the firm in the market in which they purchase the good or service. Even if these firms are monopoly or...
Persistent link: https://www.econbiz.de/10012804859
In this paper, we formulate and estimate a structural model of demand to analyse the equilibrium effect of the RAN sharing by using cross-country panel data in 28 EU countries in years 2010-2020. Based on model estimates, our simulation analysis in Spain firstly provides a quantitative...
Persistent link: https://www.econbiz.de/10012804946