Investors’ resounding preference for their home markets remains one of the great puzzles of the investment world‘Buying local’ no doubt has a strong emotional appeal. Supporting one’s community can have many positive spinoffs, including the development of local talent and the local economy. ...
(3), using the number of local commercial bank branches (NBB) in the city to reflect the absolute level of bank competitiveness, and using the Herfindahl index (HHI) constructed from the market share of local commercial banks in the city to reflect the relative level of bank competitiveness....
Baseline controls include district population, number of bank branches in 1997, household income, and education. Spouse earnings are winsorized at 1 and 99 percent to tackle the possible presence of outliers. Land ownership (binary variable) is the wealth indicator. Table A6. Bank presence, ...
To set up a savings account, visit one of the bank or credit union’s branches, or establish the account online, for those institutions that offer it. You’ll need to provide your name, address, and telephone number, as well as photo identification. Also, because the account earns taxable...
In the UK, regulators have imposed time-varying, bank-specific minimum capital requirements since Basel I. It is found that regulated banks (UK-owned banks and resident foreign subsidiaries) reduce lending in response to tighter capital requirements. But unregulated banks (resident foreign branches) ...
Typists, ticket agents, bank tellers and many production-line jobs have been dispensed with, just as the weavers were. (2) For those who believe that technological progress has made the world a better place, such churn is a natural part of rising prosperity. Although innovation kills some ...
scenario would be one in which the bank would have to prudentially monitorallactivities of the foreign bank, even if it holds only a fraction of its assets. This would tend to discourage efforts and possibly cause the bank to abstain from making a foreign investment in the first place. Thus...
Can I have different accounts in the same bank? Is a Treasury bill an example of a pure discount loan? Explain. Can I have two accounts in the same bank but in different branches? Upon the debtor's default, what rights does the creditor have to the collateral? Explain. What is the di...
Bank authorities should enhance their efforts to ensure the inclusion of banks’ IC in their financial reports. This created knowledge is widely thought to assist academics and scholars in identifying the suitable measures of intellectual capital that serve as more accurate forecasters of value ...
TV channels and news sites flashed with online banking instructions and branches pleaded with people to make appointments for big withdrawals to ensure they had enough bills. But the many other Argentines who have no bank accounts or savings said the policy change meant little to them. “I ...