Geographic and Demographic Bank Outreach: Evidence from Germany’s Three-Pillar Banking System potx

... heteroscedasticity-robust standard errors; source: own calculations 27 Geographic and Demographic Bank Outreach: Evidence from Germany’s Three-Pillar Banking System Alexander Conrad, Doris Neuberger and ... 98 Geographic and Demographic Bank Outreach: Evidence from Germany’s Three-Pillar Banking System by Alexander Conra...

Ngày tải lên: 22/03/2014, 21:20

... 127–59. SCHRAND, C., AND R. VERRECCHIA. “Disclosure Choice and Cost of Capital: Evidence from Underpricing in Initial Public Offerings.” Working paper, University of Pennsylvania, 2002. SECURITIES AND ... asymmetry proxies and 1 See, for example, Pownall and Schipper [1999], Dye and Sunder [2001], and Sunder [2002] for this debate. Note also that Holthausen and Watts [2001...

Ngày tải lên: 15/03/2014, 16:20

... located in regions with large banking systems (relative to GDP) and in countries whose banking system is small relative to the entire region. 3.4 Results Tables 7 and 8 contain the results for ... Industry Evolution, and Dynamic Efficiency: Evidence from Commercial Banking. ” The Journal of Law and Economics 41(1): 239–73. Kane, E. J. 1996. "De Jure Interstate Banking...

Ngày tải lên: 16/02/2014, 10:20

... sum of “cash and due from banks” and “call loans” under “Assets” on banks’ balance sheets. Due from banks include both banks’ reserves at the BOJ and banks’ deposits with other banks. The JBA ... types: city banks, regional banks and member banks of the Second Association of Regional Banks (also called Tier II regional banks), long-term credit banks, trust banks and other. Ci...

Ngày tải lên: 16/02/2014, 11:20

... liquidity position, or by higher banking competition (stemming either from the banking sector or from the 17 non -banking sector, e.g. the “shadow banking system ). 32 All this rich information ... bank capital and liquidity position and market access to finance (i.e. bank balance-sheet strength) and, finally, competitive pressures stemming from the banking s...

Ngày tải lên: 06/03/2014, 14:20

... competition for banks (both stemming from the banking sector or from the non -banking sector, e.g. the shadow banking system) ? All this information helps us to disentangle loan demand and supply ... through interbank contagion and other mechanisms, see Iyer and Peydró (2009) and Bandt, Hartmann and Peydró (2009). Once the banking system is in trouble, a credit crun...

Ngày tải lên: 29/03/2014, 13:20

... Competition, and Credit Access: Firm-Level Evidence from Transition Countries,” mimeo, Swiss National Bank. Brown, M., and C. Zehnder (2006), “Credit reporting, Relationship Banking, and Loan Repayment,” ... Multiple -Bank Lending,” mimeo, University of Salerno. Bonin J. P., I. Hasan, and P. Wachtel (2005): Bank Performance, Efficiency and Ownership in Transition Count...

Ngày tải lên: 06/03/2014, 08:20

... complementary to federal and state laws, to establish local environmental standards, and to enforce standards within their jurisdiction. While county governments cannot institute standards lower than ... the possibility of bias arising from the non-random re-districting of counties, which we discuss in greater detail in the next section, and address in the theory and empirical se...

Ngày tải lên: 29/03/2014, 14:20

... 27 The number of mergers is calculated from the FPL data. 17 Industry Consolidation and Price-Cost Margins Evidence from the Pulp and Paper Industry Haizheng Li *+ ... taken from the Current Population Survey published by the Bureau of Labor Statistics. 29 Since estimates from the random effects model and 2SLS estimation are similar to the OLS est...

Ngày tải lên: 01/04/2014, 00:20

... stock returns and find that price volatility is higher near the open and close of the trading session. Jain and Joh (1988), Foster and Viswanathan (1993), and Jang and Lee (1993) find that trading volume and ... The Asia-Pacific stocks are from Japan, Hong Kong, Australia, and New Zealand, and their local trading sessions close before the NYSE opens. The European stocks are...

Ngày tải lên: 23/04/2014, 16:29