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Evaluating the Real Effect of Bank Branching Deregulation : Comparing Contiguous Counties Across U.S. State Borders

Huang, Rocco - 2021

change borders to estimate treatment effects for 23 separate deregulation events. To distinguish real treatment effects from … five out of the 23 deregulation events examined. Hinterland counties within the still-regulated states, but farther away …-border spillover of deregulation effects may invalidate the empirical design …

Persistent link: https://www.econbiz.de/10013316911

Bank mergers, competition and liquidity

Carletti, Elena; Hartmann, Philipp; Spagnolo, Giancarlo - 2003

Persistent link: https://www.econbiz.de/10011604338

How and when do markets tip? Lessons from the Battle of the Bund

Cantillon, Estelle; Yin, Pai-Ling - 2007

-wide access deregulation, DTB increased the relevant size of the market for exchange members and disproportionately attracted …

Persistent link: https://www.econbiz.de/10011604812

How and When Do Markets Tip? Lessons from the Battle of the Bund

Cantillon, Estelle; Yin, Pai-Ling - 2021

-wide access deregulation, DTB increased the relevant size of the market for exchange members and disproportionately attracted …

Persistent link: https://www.econbiz.de/10013317048

Knightian uncertainty and credit cycles

Gerba, Eddie; Żochowski, Dawid - 2017

The Great Recession has been characterised by the two stylized facts: the buildup of leverage in the household sector in the period preceding the recession and a protracted economic recovery that followed. We attempt to explain these two facts as an information friction, whereby agents are...

Persistent link: https://www.econbiz.de/10011804383

The (unobservable) value of central bank's refinancing operations

Albertazzi, Ugo; Burlon, Lorenzo; Jankauskas, Tomas; … - 2020

We quantify the impact that central bank refinancing o perations a nd f unding f acilities had at reducing the banking sector's intrinsic fragility in the euro area in 2014-2019. We do so by constructing, estimating and calibrating a micro-structural model of imperfect competition in the banking...

Persistent link: https://www.econbiz.de/10012422142

Bank Concentration and Retail Interest Rates

Corvoisier, Sandrine; Gropp, Reint E. - 2001

part offset the increase in competition in European banking through deregulation. We test this question by estimating a …

Persistent link: https://www.econbiz.de/10011604118

Horizontal and vertical integration and securities trading and settlement

Tapking, Jens; Yang, Jing - 2004

This paper addresses a very European issue, the consolidation of securities trading and settlement infrastructures. In a two-country model, we analyze welfare implications of different types of consolidation. We find that horizontal integration of settlement systems is better than vertical...

Persistent link: https://www.econbiz.de/10011604433

Pricing of settlement link services and mergers of central securities depositories

Tapking, Jens - 2007

This paper tries to contribute to the discussion on the role of securities settlement infrastructures for financial integration in Europe. It presents a model that can explain a well-known stylized fact of securities settlement, the surprisingly high fees charged by central securities...

Persistent link: https://www.econbiz.de/10011604756

Loan prospecting

Heider, Florian; Inderst, Roman - 2012

We offer a theoretical framework to analyze corporate lending when loan officers must be incentivized to prospect for loans and to transmit the soft information they obtain in that process. We explore how this multi-task agency problem shapes loan officers' compensation, banks' use of soft...

Persistent link: https://www.econbiz.de/10011605484