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This is a draft of the first half of an open access textbook on game theory. I hope to complete the entire book by the end of 2015. After teaching game theory (at both the undergraduate and graduate level) at the University of California, Davis for 25 years, I decided to organize all my teaching...
Persistent link: https://www.econbiz.de/10011429960
This study investigates the implications of cross-country differences in banking regulation and supervision for the … subsidiaries in countries with weaker regulation and supervision and that such location decisions are associated with elevated BHC … role in these location choices and risk outcomes. Overall, our study suggests that U.S. banking organizations engage in …
Persistent link: https://www.econbiz.de/10011623274
Like in many other countries, inclusive finance for inclusive growth has become a policy issue in Bangladesh following the global financial crisis in 2008. Over the past 10 years, intensity of financial deepening and access to financial services has increased. Both banks and microfinance...
Persistent link: https://www.econbiz.de/10011576821
than US ones. Regarding the consequences of systemic risk, we show that dependence between the banking sector and a wide …
Persistent link: https://www.econbiz.de/10009784871
We evaluate the role of insider ownership in shaping banks' equity issuances in response to the global financial crisis. We construct a unique dataset on the ownership structure of U.S. banks and their equity issuances and discover that greater insider ownership leads to less equity issuances....
Persistent link: https://www.econbiz.de/10012418825
considering the design of regulation of mobile banking. Since it lies at the interface between financial services and telecoms …Mobile banking is growing at a remarkable speed around the world. In the process it is creating considerable …, mobile banking also raises competition policy and interoperability issues that are discussed in the paper. Finally, by …
Persistent link: https://www.econbiz.de/10010305890
We study how an increase to the deposit insurance limit affects households' portfolio allocation by exogenously reducing uninsured deposit balances. Using unique data that identifies insured versus uninsured deposits, along with detailed information on Canadian households' portfolio holdings, we...
Persistent link: https://www.econbiz.de/10012053574
In the U.S., unlike much of the rest of the world, the mixing of banking and commerce is largely prohibited. One … been raised against the mixing of banking and commerce, finding most to be theoretically weak or lacking in empirical … support, and discusses several efficiencies that may arise from the integration of banking and commerce. …
Persistent link: https://www.econbiz.de/10012056309
Our research as well as that by other authors has found scale economies at all sizes of banks and the largest scale economies at the largest banks - that is, larger banks are able to provide products at lower average cost than smaller banks. While the earlier literature found that scale...
Persistent link: https://www.econbiz.de/10011687916
Like in many other countries, inclusive finance for inclusive growth has become a policy issue in Bangladesh following the global financial crisis in 2008. Over the past 10 years, intensity of financial deepening and access to financial services has increased. Both banks and microfinance...
Persistent link: https://www.econbiz.de/10011688644