Monopoly And Competition In Banking


Monopoly And Competition In Banking
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Monopoly And Competition In Banking


Monopoly And Competition In Banking
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Author : David A. Alhadeff
language : en
Publisher: Univ of California Press
Release Date : 2022-08-19

Monopoly And Competition In Banking written by David A. Alhadeff and has been published by Univ of California Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-08-19 with Business & Economics categories.


This title is part of UC Press's Voices Revived program, which commemorates University of California Press’s mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1954.



Competition And Monopoly In The Federal Reserve System 1914 1951


Competition And Monopoly In The Federal Reserve System 1914 1951
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Author : Mark Toma
language : en
Publisher: Cambridge University Press
Release Date : 1997-05-08

Competition And Monopoly In The Federal Reserve System 1914 1951 written by Mark Toma and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997-05-08 with Business & Economics categories.


This book emphasizes the evolution of the Federal Reserve from a competitive to a monopolistic structure.



Bank Competition And Household Privacy In A Digital Payment Monopoly


Bank Competition And Household Privacy In A Digital Payment Monopoly
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Author : Mr. Itai Agur
language : en
Publisher: International Monetary Fund
Release Date : 2023-06-09

Bank Competition And Household Privacy In A Digital Payment Monopoly written by Mr. Itai Agur and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-06-09 with Business & Economics categories.


Lenders can exploit households' payment data to infer their creditworthiness. When households value privacy, they then face a tradeoff between protecting such privacy and credit conditions. We study how the introduction of an informationally more intrusive digital payment vehicle affects households' cash use, credit access, and welfare. A tech monopolist controls the intrusiveness of the new payment method and manipulates information asymmetries among households and oligopolistic banks to extract data contracts that are more lucrative than lending on its own. The laissez-faire equilibrium entails a digital payment vehicle that is more intrusive than socially optimal, providing a rationale for regulation.



Crisis In Competitive Versus Monopolistic Banking Systems


Crisis In Competitive Versus Monopolistic Banking Systems
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Author : Mr.Bruce D. Smith
language : en
Publisher: International Monetary Fund
Release Date : 2003-09-01

Crisis In Competitive Versus Monopolistic Banking Systems written by Mr.Bruce D. Smith and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-09-01 with Business & Economics categories.


We study a monetary, general equilibrium economy in which banks exist because they provide intertemporal insurance to risk-averse depositors. A "banking crisis" is defined as a case in which banks exhaust their reserve assets. Under different model specifications, the banking industry is either a monopoly bank or a competitive banking industry. If the nominal rate of interest (rate of inflation) is below (above) some threshold, a monopolistic banking system will always result in a higher (lower) crisis probability. Thus, the relative crisis probabilities under the two banking systems cannot be determined independently of the conduct of monetary policy. We further show that the probability of a "costly banking crisis" is always higher under competition than under monopoly. However, this apparent advantage of the monopoly bank is due strictly to the fact that it provides relatively less valuable intertemporal insurance. These theoretical results suggest that banking system structure may matter for financial stability.



Consolidation And Market Structure In Emerging Market Banking Systems


Consolidation And Market Structure In Emerging Market Banking Systems
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Author : Gaston Gelos
language : en
Publisher: International Monetary Fund
Release Date : 2002

Consolidation And Market Structure In Emerging Market Banking Systems written by Gaston Gelos and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Bank mergers categories.




Testing For Competition In Banking


Testing For Competition In Banking
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Author : Jukka Vesala
language : en
Publisher:
Release Date : 1995

Testing For Competition In Banking written by Jukka Vesala and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Bank loans categories.


An empirical analysis of competition in the Finnish banking industry since deregulation in the mid-1980s.



Competition And Monopoly In The Federal Reserve System 1914 1951


Competition And Monopoly In The Federal Reserve System 1914 1951
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Author : Mark Toma
language : en
Publisher: Cambridge University Press
Release Date : 2005-11-03

Competition And Monopoly In The Federal Reserve System 1914 1951 written by Mark Toma and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-11-03 with Business & Economics categories.


Many economists view competition among central banks as leading to an over-issue of money. This book challenges the conventional wisdom by showing that competition among Federal Reserve banks in the 1920s did not result in an over-issue problem. The US Congress imposed a more monopolistic structure on the Fed in the mid-1930s so that it could accomodate an increase in the revenue needs of the Treasury. This book is unique in emphasizing the evolution of the Fed's structure from a highly competitive one to a highly monopolistic one.



Concentration And Competition In Commercial Banking


Concentration And Competition In Commercial Banking
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Author : Franklin R. Edwards
language : en
Publisher:
Release Date : 1964

Concentration And Competition In Commercial Banking written by Franklin R. Edwards and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1964 with Balance of payments categories.




Financial Opening Deposit Insurance And Risk In A Model Of Banking Competition


Financial Opening Deposit Insurance And Risk In A Model Of Banking Competition
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Author : Mr.Tito Cordella
language : en
Publisher: International Monetary Fund
Release Date : 1998-06-01

Financial Opening Deposit Insurance And Risk In A Model Of Banking Competition written by Mr.Tito Cordella and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998-06-01 with Business & Economics categories.


This paper studies the impact of competition on the determination of interest rates and banks’ risk-taking behavior under different assumptions about deposit insurance and the dissemination of financial information. It finds that lower entry costs foster competition in deposit rate sand reduce banks’ incentives to limit risk exposure. Although higher insurance coverage amplifies this effect, two alternative arrangements (risk-based contributions to the insurance fund and public disclosure of financial information) help to reduce it. Moreover, uninsured but fully informed depositors and risk-based full deposit insurance yield the same equilibrium risk level, which is independent of entry costs. The welfare implications of the different arrangements are also explored.



Studies In Banking Theory Financial History And Vertical Control


Studies In Banking Theory Financial History And Vertical Control
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Author : M.L. Burstein
language : en
Publisher: Springer
Release Date : 1988-06-18

Studies In Banking Theory Financial History And Vertical Control written by M.L. Burstein and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988-06-18 with Business & Economics categories.


These essays span the author's thirty years in professional economics. Fundamental papers on vertical (industrial) control, property rights, approaches to market behaviour, macroeconomic dynamics and the paper-money systems of 18th century British North America are revised and reappraised.