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deregulation process. We find that once the geographic deregulation process finishes, inter-regional mergers between savings banks … will be mergers between savings and commercial banks. -- branch deregulation ; mergers ; optimal behavior ; Spanish banking …
Persistent link: https://www.econbiz.de/10009355559
The paper analyzes the influence of credit-, labor-, and product market deregulation policies on economic growth in … work finds that deregulation contributed to the per capita GDP levels of the early reformers relatively more than to the … acceleration effect for the late reformers, which points to large dynamic welfare gains from deregulation. The latter result …
Persistent link: https://www.econbiz.de/10013136581
The debate over the political power of business has witnessed a revival after the global financial crisis of 2007-2009. We begin by arguing that business political fragmentation or unity has important consequences for policy outcomes. The structure of the U.S. government is conducive to...
Persistent link: https://www.econbiz.de/10013133413
We examine the political dynamics which led to the codification of the Principles and Standards for sound compensation practices at financial institutions at international (G 20) level and to their subsequent implementation on both sides of the Atlantic. We show that the regulation of bankers'...
Persistent link: https://www.econbiz.de/10013091649
modes. China's WTO accession leads to an export deregulation, which empowers private domestic firms with low registered …
Persistent link: https://www.econbiz.de/10012901412
Exploiting staggered interstate banking deregulation as exogenous shocks to bank geographic expansion, we examine the … causal effect of geographic diversification on systemic risk. Using the gravity-deregulation approach developed in Goetz …
Persistent link: https://www.econbiz.de/10012868932
and political markets to spur deregulation and riskier lending and investment, which in turn contributes to the severity … profits. 2) These additional profits leads to calls for deregulation to enable the first class to participate in lucrative … lending or investment markets. 3) Deregulation allows the first class of institution either to compete with the second class …
Persistent link: https://www.econbiz.de/10013148106
Bank deregulation in the form of the repeal of the Glass-Steagall Act facilitated the entry of non-bank lenders into …
Persistent link: https://www.econbiz.de/10014533282
This paper proposes a reengineered and robust approach to optimal economic capital allocation, in a Liquidity-Adjusted Value at Risk (LVaR) framework, and particularly from the perspective of trading portfolios that have both long and short trading positions and disallowing both long-only...
Persistent link: https://www.econbiz.de/10013227397
sample period is split in two: before and after the MFI implemented France's regulatory EUR 10,000 loan ceiling. In the first …
Persistent link: https://www.econbiz.de/10013059795