Showing 1 - 10 of 251
Individual financial systems can be understood as very specific configurations of certain key elements. Often these configurations remain unchanged for decades. We hypothesize that there is a specific relationship between key elements, namely that of complementarity. Thus, complementarity seems...
Persistent link: https://www.econbiz.de/10010316267
In this paper, we investigate the claim that German banks are special compared to banks in other industrialised … economies. We show that banks are of particular importance to the German economy?as financial intermediary, as lender to the … corporate sector, and as part of the corporate governance system. Further, German banks are supervised by two supervisory …
Persistent link: https://www.econbiz.de/10010260503
In this paper we investigate the effect of local banking development on firms' innovative activities, using a rich data set on innovation for a large number of Italian firms over the 1990's. There is evidence that banking development affects the probability of process innovation, particularly...
Persistent link: https://www.econbiz.de/10010267494
The paper investigates the factors crucial in the locational decisions of multinational German banks in selected … characteristics. Results indicate that FDI by non-banks exerted a strong pull effect on banking FDI flows, as did highly developed …
Persistent link: https://www.econbiz.de/10010295628
. Furthermore significant differences existed between small and large banks. The business model of small banks was often more …
Persistent link: https://www.econbiz.de/10010377872
monetary policy was up (down). Overall, we find that competition among banks and competition from financial markets result in a …
Persistent link: https://www.econbiz.de/10011604760
, regulatory intervention is needed even in the presence of the state guarantees on agents’ deposits in the banks (workout …
Persistent link: https://www.econbiz.de/10010279108
This paper examines the convergence properties of cost efficiency for Indonesian banks for the period 1992-2007. It …. Using panel data estimation, the paper examines β-convergence and σ-convergence, to test the speed at which Indonesian banks … reform process improved the average level of efficiency and improved the distribution of efficiency across banks …
Persistent link: https://www.econbiz.de/10010288852
, and the interaction with banks’ risk management, supervisory tools and statistical requirements. It also examines how the … application of fair value accounting to banks’ trading book has impacted their share price volatility. It is concluded that the …
Persistent link: https://www.econbiz.de/10011606165
We introduce a banking sector and heterogeneous agents in the Matsuyama et al. (2016) dynamic over-lapping generations neoclassical model with good and bad projects. The model captures the benefits and costs of an advanced banking system which can facilitate economic development when allocates...
Persistent link: https://www.econbiz.de/10013465706