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Why do some economic systems depend on bank financing while others rely on capital markets and bond financing? We propose a political economy model in which elites favor a bank-based system, which increases their rents due to reduced competition. If suffrage is restricted to the elite, this will...
Persistent link: https://www.econbiz.de/10010483279
discusses the impact of this indirect effect from capital regulation on the stability of the banking sector. It is shown that …
Persistent link: https://www.econbiz.de/10010486698
investigate and sanction anti-competitive behaviour in Malaysia's banking industry - the banks' best response to the Act probably …
Persistent link: https://www.econbiz.de/10010493945
For emerging market regulators, shadow banking represents an activity which they must control. For businessmen in … economies like Russia, Argentina, Saudi Arabia and Mexico, shadow banking represents an important business opportunity. By … extending credit to risky (but promising) activities through shadow banking, financiers in these economies can earn far higher …
Persistent link: https://www.econbiz.de/10010514169
management and private banking services might help grow a wirehouse's book of business in developed, but not developing, markets …. If wealth management and private banking follow general trends affecting the broader financial sector, their business …
Persistent link: https://www.econbiz.de/10010514214
In this work, we evaluate the competition in the Romanian banking system as regards the distortions in terms of market … the Romanian banking system, in the period 2000 2010; then we apply the Mereuta universal concentration matrix (2012 …) where we analyse the competition on the Romanian banking market, using two indicators: the M index and the degree of the …
Persistent link: https://www.econbiz.de/10010529071
be controlled. In view of the inefficiency of the existing banking system as well as the economic superiority of web …-based alternatives, it seems that it will only be a matter of time before a system change takes place in the banking business. …
Persistent link: https://www.econbiz.de/10010532619
Several countries have recently introduced national capital standards exceeding the internationally coordinated Basel III rules, thus suggesting a "race to the top" in capital standards. We study regulatory competition when banks are heterogeneous and give loans to firms that produce output in...
Persistent link: https://www.econbiz.de/10011445611
The aim of the paper is to analyze the development of the Estonian credit and saving market, especially considering the sector of households and non-financial corporations, in order to reveal the potential of saving and loan association (SLA) to enhance the economic and social development...
Persistent link: https://www.econbiz.de/10011477034
The OECD Competition Committee debated mergers in financial services in June 2000. This document includes an executive summary of that debate and the documents from the meeting: an analytical note by the OECD, written submissions from Australia, Canada, the European Commission, Finland, Germany,...
Persistent link: https://www.econbiz.de/10015081497