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increase the level of employment and economic growth. There has being a rising trend in unemployment rate in Nigeria and South … Africa and hence, the need for the study to assess the effectiveness of banking system credit in curbing unemployment rate by … relationship between the variables. The major findings revealed that banking system credit matters in curbing unemployment rate in …
Persistent link: https://www.econbiz.de/10013269646
quasi-exogenous increases in bank size in postwar Germany. I show that firms did not grow faster after their relationship …
Persistent link: https://www.econbiz.de/10012383736
low inflation. Hence, if monetary policy is sufficiently tight then banks end up reducing aggregate efficiency, soaking up …
Persistent link: https://www.econbiz.de/10011558161
We assess the role of banks in the Paycheck Protection Program (PPP), a large and unprecedented smallbusiness support program instituted as a response to the COVID-19 crisis in the United States. In 2020, the PPP administered more than $525 billion in loans and grants to small businesses through...
Persistent link: https://www.econbiz.de/10012705071
We build a model with a traditional banking system, endogenous entry of firms and fintech intermediaries, and firm heterogeneity in credit access and usage to study the credit-market, macroeconomic, and business cycle implications of the recent sizable growth in the number of fintech...
Persistent link: https://www.econbiz.de/10012813438
This paper proposes a standardised classification of business models of the European Union (EU) banks. Our work is based on a rich and unique dataset collected for the first time for the full population of EU banks at individual level. The proposed approach to classification combines both a...
Persistent link: https://www.econbiz.de/10012054483
approaches. First, we use microeconomic balance sheet data from Germany and estimate banks' loan supply response to capital …
Persistent link: https://www.econbiz.de/10012214741
Financial inclusion is strikingly low in emerging economies. In only a few years, financial technologies (fintech) have led to a dramatic expansion in the number of non-traditional credit intermediaries, but the macroeconomic and credit-market implications of this rapid growth of fintech are not...
Persistent link: https://www.econbiz.de/10014516215
quality of banks' financial intermediation in the regions of one economy only: Germany. To approximate the quality of … banking pillars active in Germany. …
Persistent link: https://www.econbiz.de/10003315450
The stochastic frontier analysis (Aigner et al., 1977, Meeusen and van de Broeck, 1977) is widely used to estimate individual efficiency scores. The basic idea lies in the introduction of an additive error term consisting of a noise and an inefficiency term. Most often the assumption of a...
Persistent link: https://www.econbiz.de/10003794513