Showing 1 - 10 of 107,589
economic growth in West Africa. Design/methodology/approach - The study uses the dynamic fixed effects technique on the … validity of the supply-leading hypothesis in West Africa. As such, by deepening the financial system, the growth of the … the first to jointly examine these important growth determinants, especially in the context of West Africa. This becomes …
Persistent link: https://www.econbiz.de/10012258157
The lower levels of financial inclusion and severe financial inclusion gaps in Africa motivates the investigation of …
Persistent link: https://www.econbiz.de/10012023995
This study investigated two key questions: what is the impact of industrialisation on urbanisation in Africa? and to …
Persistent link: https://www.econbiz.de/10014416025
We present a theory in which the key driver of short-term debt issued by the financial sector is the portfolio demand for safe and liquid assets by the nonfinancial sector. This demand drives a premium on safe and liquid assets that the financial sector exploits by owning risky and illiquid...
Persistent link: https://www.econbiz.de/10011412482
This paper develops a micro-founded general equilibrium model of the financial system composed of ultimate borrowers, ultimate lenders and financial intermediaries. The model is used to investigate the impact of uncertainty about the likelihood of governmental bailouts on leverage, interest...
Persistent link: https://www.econbiz.de/10013122330
In this paper, we develop a discrete choice framework to quantify the economic benefits of payments modernization in Canada. Focusing on Canada's large-value transfer system (LVTS), we first estimate participants' preferences for liquidity cost, payment safety and the network effect by...
Persistent link: https://www.econbiz.de/10012705088
In this paper, we study how the impact of a cyber-attack that paralyzes one or multiple banks' ability to send payments would transmit to other banks through the Canadian wholesale payments system. Based on historical payment data, we simulate a wide range of scenarios and evaluate the total...
Persistent link: https://www.econbiz.de/10013198735
Using a mix of survey and secondary datasets on Africa, we document that banks and non-bank financial institutions … account for more than 85 percent of corporate bonds issued in Africa during 2000—2020, with a market capitalization of over 80 … percent of these bonds. Africa’s markets have modern trading infrastructures such as automated trading systems (ATSs) and …
Persistent link: https://www.econbiz.de/10014349421
We explore the potential of different behavioral drivers for people to use cash when presented with digital payment alternatives in retail transactions. Behavioral finance traits in our study include the otherwise neglected emotional drivers. We conducted an online survey targeting university...
Persistent link: https://www.econbiz.de/10014349436
The aim of this study is to analyse the level and determinants of women farmers’ access to financial resources in agriculture in Kosovo. The study describes the socio-economic characteristics of women farmers and identifies the socio-economic factors that influence access to financial...
Persistent link: https://www.econbiz.de/10013442156