Finance as a Barrier to Entry
Author : Nicola Cetorelli
Publisher :
Page : 60 pages
File Size : 14,81 MB
Release : 2004
Category : Bank loans
ISBN :
What About Super?
Author :
Publisher :
Page : pages
File Size : 34,39 MB
Release : 2021
Category :
ISBN :
Book Description
Finance as a Barrier to Entry
Author : Viktors Stebunovs
Publisher :
Page : 31 pages
File Size : 22,6 MB
Release : 2008
Category :
ISBN :
Book Description
This paper studies the effects of financial deregulation that reduces monopoly power of financial intermediaries, in a dynamic, stochastic, general equilibrium model with endogenous producer entry subject to sunk cost. I show that deregulation results in an expansion in the number of producers, a decrease in producer size, an increase in output share of financial intermediaries and in an increase in size of the economy. Less monopoly power in financial intermediation results in less volatile producer entry, reduced producer markup countercyclicality, and weaker substitution effects in labor supply in response to aggregate productivity shocks. Deregulation thus contributes to a moderation of firm-level and aggregate output volatility. The results of the model are consistent with features of U.S. data following the period of dramatic bank deregulation between the late 1970s and the mid 1990s.
Banking Services for Everyone?
Author : Thorsten Beck
Publisher : World Bank Publications
Page : 60 pages
File Size : 44,5 MB
Release : 2006
Category : Banks and banking
ISBN :
Book Description
Using information from 193 banks in 58 countries, the authors develop and analyze indicators of physical access, affordability, and eligibility barriers to deposit, loan, and payment services. They find substantial cross-country variation in barriers to banking and show that in many countries these barriers can potentially exclude a significant share of the population from using banking services. Correlations with bank- and country-level variables show that bank size and the availability of physical infrastructure are the most robust predictors of barriers. Further, the authors find evidence that in more competitive, open, and transparent economies, and in countries with better contractual and informational frameworks, banks impose lower barriers. Finally, though foreign banks seem to charge higher fees than other banks, in foreign dominated banking systems fees are lower and it is easier to open bank accounts and to apply for loans. On the other hand, in systems that are predominantly government-owned, customers pay lower fees but also face greater restrictions in terms of where to apply for loans and how long it takes to have applications processed. These findings have important implications for policy reforms to broaden access.
Convenience and Advantage Clauses as a Barrier to Entry in the Consumer Finance Industry
Author : Steven A. Seelig
Publisher :
Page : 10 pages
File Size : 17,21 MB
Release : 1976
Category : Consumer credit
ISBN :
Book Description
Entrepreneurship in Africa
Author :
Publisher : BRILL
Page : 423 pages
File Size : 13,27 MB
Release : 2017-09-25
Category : Social Science
ISBN : 9004351612
Book Description
Chapters in this book contribute to our understanding of the theory, structure and practice of entrepreneurship in diverse African countries. Case studies examined include: African multinational banks and businesses, female entrepreneurs, culture and entrepreneurship, finance and entrepreneurship and SMEs.
Guide to Financial Markets
Author : Marc Levinson
Publisher : The Economist
Page : 250 pages
File Size : 29,93 MB
Release : 2018-07-24
Category : Business & Economics
ISBN : 1541742516
Book Description
The revised and updated 7th edition of this highly regarded book brings the reader right up to speed with the latest financial market developments, and provides a clear and incisive guide to a complex world that even those who work in it often find hard to understand. In chapters on the markets that deal with money, foreign exchange, equities, bonds, commodities, financial futures, options and other derivatives, the book examines why these markets exist, how they work, and who trades in them, and gives a run-down of the factors that affect prices and rates. Business history is littered with disasters that occurred because people involved their firms with financial instruments they didn't properly understand. If they had had this book they might have avoided their mistakes. For anyone wishing to understand financial markets, there is no better guide.
Introduction to Business
Author : Lawrence J. Gitman
Publisher :
Page : 1455 pages
File Size : 19,75 MB
Release : 2024-09-16
Category : Business & Economics
ISBN :
Book Description
Introduction to Business covers the scope and sequence of most introductory business courses. The book provides detailed explanations in the context of core themes such as customer satisfaction, ethics, entrepreneurship, global business, and managing change. Introduction to Business includes hundreds of current business examples from a range of industries and geographic locations, which feature a variety of individuals. The outcome is a balanced approach to the theory and application of business concepts, with attention to the knowledge and skills necessary for student success in this course and beyond. This is an adaptation of Introduction to Business by OpenStax. You can access the textbook as pdf for free at openstax.org. Minor editorial changes were made to ensure a better ebook reading experience. Textbook content produced by OpenStax is licensed under a Creative Commons Attribution 4.0 International License.
The Digital Currency Challenge: Shaping Online Payment Systems through US Financial Regulations
Author : P. Mullan
Publisher : Springer
Page : 231 pages
File Size : 36,99 MB
Release : 2014-01-30
Category : Political Science
ISBN : 1137382554
Book Description
Private online digital currency systems offer people accessible, convenient, and inexpensive everyday financial tools outside of traditional bank-owned and operated platforms. Digital currency systems facilitate local and international fund transfers, online and offline payments, and simple cash-to-digital everyday financial products without the need for a conventional bank account of any retail bank product. Over the past several years, Bitcoin has grown into an efficient person-to-person and person-to-business payment system without the backing of any bank or financial institution. This phenomenon is producing a new level of an on- and offline commerce and a society much more attuned to digital currency systems. The Digital Currency Challenge details how new 2007-2008 U.S. legal issues surrounding digital currency products forced companies from the U.S. market and caused the Treasury Department to enact stricter regulations. Mullan profiles new and innovative present day digital currency systems, such as Bitcoin, and illustrates how software designers and monetary theorists use new technology to circumvent current U.S. regulations. This work also explains how new digital currency systems are not just software products, but tools providing financial freedom to people in countries all around the world.
Business Environment and Firm Entry
Author : Leora Klapper
Publisher : World Bank Publications
Page : 60 pages
File Size : 24,93 MB
Release : 2004
Category : Business law
ISBN :
Book Description
"Using a comprehensive database of firms in Western and Eastern Europe, we study how the business environment in a country drives the creation of new firms. Our focus is on regulations governing entry. We find entry regulations hamper entry, especially in industries that naturally should have high entry. Also, value added per employee in naturally "high entry" industries grows more slowly in countries with onerous regulations on entry. Interestingly, regulatory entry barriers have no adverse effect on entry in corrupt countries, only in less corrupt ones. Taken together, the evidence suggests bureaucratic entry regulations are neither benign nor welfare improving. However, not all regulations inhibit entry. In particular, regulations that enhance the enforcement of intellectual property rights or those that lead to a better developed financial sector do lead to greater entry in industries that do more R & D or industries that need more external finance"--National Bureau of Economic Research web site.
