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An evolutionary model of the bank size distribution is presented based on the exchange and creation of deposit money … on the idea that the size distribution is the result of the competition between banks for permanent deposit money. The …. In agreement with empirical results the derived size distribution is lognormal with a power law tail. The theory is based …
Persistent link: https://www.econbiz.de/10010251071
An evolutionary model of the bank size distribution is presented based on the exchange and creation of deposit money … on the idea that the size distribution is the result of the competition between banks for permanent deposit money. The …. In agreement with empirical results the derived size distribution is lognormal with a power law tail. The theory is based …
Persistent link: https://www.econbiz.de/10013061859
An evolutionary model of the bank size distribution is presented based on the exchange and expansion of deposit money … theory is to regard the creation of money as a slow process compared to exchange processes of deposit money. The exchange of … is the origin of an increasing skewness of the bank size distribution. …
Persistent link: https://www.econbiz.de/10010956102
An evolutionary model of the bank size distribution is presented based on the exchange and creation of deposit money … on the idea that the size distribution is the result of the competition between banks for permanent deposit money. The …. In agreement with empirical results the derived size distribution is lognormal with a power law tail. The theory is based …
Persistent link: https://www.econbiz.de/10010332949
An evolutionary model of the bank size distribution is presented based on the exchange and expansion of deposit money … theory is to regard the creation of money as a slow process compared to exchange processes of deposit money. The exchange of … is the origin of an increasing skewness of the bank size distribution. …
Persistent link: https://www.econbiz.de/10010324121
An evolutionary model of the bank size distribution is presented based on the exchange and creation of deposit money … on the idea that the size distribution is the result of the competition between banks for permanent deposit money. The …. In agreement with empirical results the derived size distribution is lognormal with a power law tail. The theory is based …
Persistent link: https://www.econbiz.de/10010981405
Using both regression analysis and an unsupervised graphical model approach (never applied before to this issue), we confirm the rejection of the Gibrat's law when our firm-level data are considered over the entire investigated period, while the opposite is true when we allow for market...
Persistent link: https://www.econbiz.de/10014229943
Persistent link: https://www.econbiz.de/10012596515
Several surveys on intra-industry dynamics have recently reached the conclusion from a large body of evidence that Gibrat's Law does not hold, i.e., the main finding is that firm growth decreases with firm size. However, almost all of these studies have been based on manufacturing. In this paper...
Persistent link: https://www.econbiz.de/10011327542
volatility of growth and profitability are bank-size dependent, and (iii) the relationship between growth and profitability of a … bank. Using a dynamic panel model estimated by GMM for a mixed sample of more than 1500 banks from 65 countries, we find no … evidence of persistence in bank growth. However, our findings suggest significant persistence in bank profitability. Moreover …
Persistent link: https://www.econbiz.de/10010274050