Banks and credit markets
Why do (or do not) banks share customer information? A comparison of mature private credit markets and markets in transition
... a price competition setting where agents have different market shares. They conclude that collusion requires that large agents relinquish market share. Novshek and Sonnenshein (1982) conclude that full information ...
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Credit Markets with Ethical Banks and Motivated Borrowers
... different credit markets exist: the market for standard projects and the market for ethical ...ethical banks as lenders which are able to commit to financing only ethical projects so that they are ...
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Banks, local credit markets and credit supply
... While the relation between the loan officer’s authority and small business lending specialization is clearly stated in Stein’s model (2002), it is not an easy task to test that link empirically. Firstly, following Aghion ...
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What central banks can learn about default risk from credit markets
... of credit spread). We read this literature as suggesting that the credit spread over Libor on fixed rate bonds and the CDS price should be (approximately) equal, and hence that either par bond credit ...
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The Risk Aversion of Banks in Emerging Credit markets: Evidence from India
... Indian Banks’ ...foreign banks registered in India during the period, the largest 12 banks accounted for nearly 90 percent of the deposit and asset base of this ...Foreign banks with less than ...
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Banks, Development Financial Institutions and Credit Markets in India: A Simple Model of Financial Intermediation
... the credit market within a standard framework of industrial organization with no constraint on borrowing capacity of intermediaries from external ...of banks and DFIs in the credit ...of banks ...
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The economic impact of credit default swap on credit markets
... investment banks and hedge funds such as Deutsche Bank, Merrill Lynch, and Citadel, among others, have lost billions of dollars due to the basis trade in the crisis ...the credit markets back to the ...
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On the Coexistence of Banks and Markets
... developed markets for investment ...standard banks. If financial markets were to develop for the same borrower classes, it could destroy existing credit ...of banks spe- cializing in ...
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Formal and Informal Credit Markets and Rural Credit Demand in China
... up credit programs aimed at improving rural households’ access to credit, similar to what other countries did over the past 40 ...Development Banks (ADB) that provide credit at subsidized ...
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Spatial Competition in Credit Markets
... of banks' activities: banks perform independent tests to assess the credit-worthiness of their loan applicants, and thereby create a nongeographic customer ...If banks are sufficiently ...
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Measuring the integration of credit markets
... financial markets is increasingly emphasized in the eurozone ...measure credit market integration. The financial and credit market integration are defined in second ...measuring credit market ...
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Foreign banks and credit conditions in EMEs
... foreign banks influence credit conditions in ...deeper credit markets, but may also mean that international financial shocks have a stronger negative impact on credit ...foreign ...
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IRREVOCABLE LETTERS OF CREDIT AND THE RESPONSIBILITY OF THE BANKS
... of credit is independent of, and separate from, an underlying contract which is financed by the letter of ...of credit and the documents which are presented to ...of credit (Burnett and Vivienne ...
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Liquidity and Ambiguity: Banks or Asset Markets?
... The main contribution of this paper consists in its analysis of the role of ambiguity and con- dence for intermediary institutions. Comparing bank deposits and secondary asset markets, we obtain the following ...
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Liquidity and Ambiguity: Banks or Asset Markets?
... We will show that ambiguity about these distributions can change well-known results of the literature on nancial intermediation. In particular, we will argue that institutional arrange- ments, such as bank deposit ...
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Stock markets, credit markets, and technology-led growth
... Bank credit as the measure of financial ...Bank credit x RZ dependence interaction and, consistent with RZ, the coefficient estimate is positive, significant and the estimated differential is economically ...
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CREDIT SCORING MODELS OF CUSTOMERS IN BANKS
... Nowadays, loans play an important role in Bank industry, as most part of the revenue of the banks includes loan payments to personals and entities. Thus, according to demand increase for loans and existing risk ...
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Stock markets, banks, and economic growth
... markets predict future rates of economic growth, capital Significantly, measures of both stock market liquidity accumulation, productivity improvements, and private and banking de[r] ...
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Markets and Banks. Stephen Kealhofer 5Oct11
... Information content of trading activity: Medium Low Medium High Options arbitrage Index arbitrage Options arbitrage Liquidity imported Highest liquidity Liquidity import[r] ...
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Accounting for the determinants of banks’ credit ratings
... between banks’ ratings and their liquidity in terms of the ratio of net loans to total assets (Liquid1) but this is only significant for the minimal models, consistent with results from Bissoondoyal-Bheenick and ...
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