Showing 31 - 40 of 100,123
This paper, a chapter in the forthcoming Research Handbook on the Economics of Corporate law, describes the leading research related to credit ratings, and assesses regulatory proposals related to ratings, including those in the Dodd-Frank Act of 2010. It explains how rating agencies have...
Persistent link: https://www.econbiz.de/10013107567
This study considers the efficiency of banking in Australia during the post-deregulation period 1988-2001. Since 1986 … banks have used size as a barrier to entry to the new entrants in the post-deregulation period. Furthermore, bank efficiency … seems to have increased post-deregulation and the competition resulting from diversity in bank types was important to prompt …
Persistent link: https://www.econbiz.de/10011514045
This paper explores the transmission of non-capital shocks through banking networks. We develop a methodology to construct non-capital (idiosyncratic) shocks, using labor productivity shocks to large firms. We document a change in the relationship between foreign idiosyncratic shocks and...
Persistent link: https://www.econbiz.de/10012694566
across states than banks that do not face such risks following branching deregulation in the United States during the 1990s …
Persistent link: https://www.econbiz.de/10012062181
across states than banks that do not face such risks following branching deregulation in the 1990s and 2000s. These banks … with high locally non-diversifiable risks also benefit relatively more from deregulation in terms of higher bank stability …
Persistent link: https://www.econbiz.de/10011981513
across states than banks that do not face such risks following branching deregulation in the 1990s and 2000s. These banks … with high locally non-diversifiable risks also benefit relatively more from deregulation in terms of higher bank stability …
Persistent link: https://www.econbiz.de/10011981521
across states than banks that do not face such risks following branching deregulation in the United States during the 1990s …
Persistent link: https://www.econbiz.de/10012057059
This paper examines competition among commercial banks following deregulation in a small open economy. I jointly … size is important for product differentiation. Following deregulation, bank competition intensifies and cost efficiency …
Persistent link: https://www.econbiz.de/10005558137
This paper examines competition among commercial banks following deregulation in a small open economy. I jointly … size is important for product differentiation. Following deregulation, bank competition intensifies and cost efficiency …
Persistent link: https://www.econbiz.de/10013292153
The conventional paradigm about development banks is that these institutions exist to target well-identified market failures. However, market failures are not directly observable and can only be ascertained with a suitable learning process. Hence, the question is how do the policymakers know...
Persistent link: https://www.econbiz.de/10012049293