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Registros recuperados: 37 | |
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Zawojska, Aldona; Siudek, Tomasz. |
The aim of the paper is to assess the potential of cooperative banks for serving agricultural sector in Poland and to identify the areas with the most development potential. We discuss the transformation process in the cooperative banking system under market economy, and in particular investigate importance of cooperative banks for farms' financing on the basis of our survey of banks. Moreover, the role of cooperative banks in transmission of Government policy supporting farm sector in Poland is discussed. We find that despite growing competition from the commercial banking sector, farms and rural households in Poland are still of major importance for the cooperative banks in Poland. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Cooperative banks; Agricultural sector; Poland; Agricultural Finance; G21; O18; Q14. |
Ano: 2005 |
URL: http://purl.umn.edu/24479 |
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Bogan, Vicki. |
Microfinance Institutions (MFIs) have risen to the forefront as invaluable institutions in the development process. Nevertheless, capital constraints have hindered the expansion of microfinance programs such that the demand for financial services still far exceeds the currently available supply. Moreover, it is observed that microfinance organizations have had various degrees of sustainability. Thus, the question of how best to fund these programs is a key issue. Recognizing the potential of microfinance in the development process, this paper examines the existing sources of funding for MFIs by geographic region, and explores how changes in capital structure could facilitate future growth and improve the efficiency and financial sustainability of MFIs.... |
Tipo: Working or Discussion Paper |
Palavras-chave: Microfinance Institutions; Capital structure; Financial Economics; F3; G21; G32; O1. |
Ano: 2008 |
URL: http://purl.umn.edu/51125 |
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Cerasi, Vittoria; Chizzolini, Barbara; Ivaldi, Marc. |
This paper analyses the relation between competition and concentration in the banking sector. The empirical answer is given by testing a monopolistic competition model of bank branching behaviour on individual bank data at county level (départements and provinces) in France and Italy. We propose a measure of the degree of competiveness in each local market that is function also of market structure indicators. We then use the econometric model to evaluate the impact of horizontal mergers among incumbent banks on competition and discuss when, depending on the pre-merger structure of the market and geographic distribution of branches, the merger is anti-competitive. The paper has implications for competition policy as it suggests an applied tool to evaluate... |
Tipo: Working or Discussion Paper |
Palavras-chave: Banking Industry; Competition and Market Structure; Merger Policy; Financial Economics; G21; L13; L59. |
Ano: 2010 |
URL: http://purl.umn.edu/92911 |
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Krawczyk, Mariusz K.. |
The weakness of the Japanese banking industry, suffering from acute problem of non-performing loans, prevents Japan from restoring sound growth rates despite having undertaken structural reforms and substantial fiscal policy efforts, and, through impairing transmission channels of monetary policy, it has also made ineffective efforts to stimulate the economy through "zero interest rates" and quantitative easing policy. Misunderstanding the roots of the banking crisis contributed greatly to its exceptional length and depth and prevented its early solution. Poor coordination and sequencing of liberalization of financial services together with macroeconomic policy mistakes have been responsible for the crisis. But the origins of those mistakes can be traced... |
Tipo: Working or Discussion Paper |
Palavras-chave: Japanese economy; Banking crisis; Financial liberalisation; Financial Economics; G21; G28. |
Ano: 2004 |
URL: http://purl.umn.edu/26383 |
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Leblois, Antoine; Quirion, Philippe; Alhassane, Agali; Traore, Seydou. |
In the Sudano-Sahelian region, which includes South Niger, the inter-annual variability of the rainy season is high and irrigation is scarce. As a consequence, bad rainy seasons have a massive impact on crop yield and regularly entail food crises. Traditional insurances based on crop damage assessment are not available because of asymmetric information and high transaction costs compared to the value of production. We assess the risk mitigation capacity of an alternative form of insurance which has been implemented in India since 2003: insurance based on a weather index. We compare the capacity of various weather indices to increase utility of a representative risk-averse farmer. We show the importance of using plot-level yield data rather than village... |
Tipo: Presentation |
Palavras-chave: Agriculture; Index-based insurance.; Crop Production/Industries; Risk and Uncertainty; G21; O12; Q12; Q18; Q54.. |
Ano: 2011 |
URL: http://purl.umn.edu/120378 |
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Babus, Ana. |
Modern banking systems are highly interconnected. Despite their various benefits, the linkages that exist between banks carry the risk of contagion. In this paper we investigate how banks decide on direct balance sheet linkages and the implications for contagion risk. In particular, we model a network formation process in the banking system. Banks form links order to reduce the risk of contagion. The network is formed endogenously and serves as an insurance mechanism. We show that banks manage to form networks that are resilient to contagion. Thus, in an equilibrium network, the probability of contagion is virtually 0. |
Tipo: Working or Discussion Paper |
Palavras-chave: Financial Stability; Network Formation; Contagion Risk; Financial Economics; C70; G21. |
Ano: 2007 |
URL: http://purl.umn.edu/9100 |
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Kanas, Angelos. |
We test for pure contagion effects in international banking arising from the failure of the Bank of Credit and Commerce International (BCCI), one of the largest bank failures in the world. We focused on large individual banks in three developed countries where BCCI had established operations, namely the UK, the US, and Canada. Using event study methodology, we tested for contagion effects using time windows surrounding several known BCCI-related announcements. Our analysis provides strong evidence of pure contagion effects in the UK, which have arisen prior to the official closure date. In contrast, there is no evidence of pure contagion effects in the US and Canada. |
Tipo: Journal Article |
Palavras-chave: Bank failures; Pure contagion effects; Event study methodology; Abnormal returns; G21; G28. |
Ano: 2005 |
URL: http://purl.umn.edu/37495 |
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Registros recuperados: 37 | |
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