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Kinds of Banks Terms modified by Banks Selected AbstractsSHOULD THE BANK OF ENGLAND EXIST?ECONOMIC AFFAIRS, Issue 2 2008Tim Congdon No abstract is available for this article. [source] THE VALUE OF PRIVATISATION: THE CASE OF THE STATE BANK OF NSWECONOMIC PAPERS: A JOURNAL OF APPLIED ECONOMICS AND POLICY, Issue 1 2001C.V. CURRIE First page of article [source] RATIONAL PARTISAN THEORY, UNCERTAINTY, AND SPATIAL VOTING: EVIDENCE FOR THE BANK OF ENGLAND'S MPCECONOMICS & POLITICS, Issue 2 2010ARNAB BHATTACHARJEE The transparency and openness of the monetary policy-making process at the Bank of England has provided very detailed information on both the decisions of individual members of the Monetary Policy Committee (MPC) and the information on which they are based. In this paper, we consider this decision-making process in the context of a model in which inflation forecast targeting is used, but there is heterogeneity among the members of the committee. We find that rational partisan theory can explain spatial voting behavior under forecast uncertainty about the output gap. Internally generated forecasts of output and market-generated expectations of medium-term inflation provide the best description of discrete changes in interest rates, in combination with uncertainty in the macroeconomic environment. There is also a role for developments in asset, housing and labor markets. Further, spatial voting patterns clearly differentiate between internally and externally apzpointed members of the MPC. The results have important implications for committee design and the conduct of monetary policy. [source] BANK OF AMERICA ROUNDTABLE ON THE REAL OPTIONS APPROACH TO CREATING VALUE IN THE NEW ECONOMYJOURNAL OF APPLIED CORPORATE FINANCE, Issue 2 2000Article first published online: 6 APR 200 [source] AFRICAN DEVELOPMENT BANK: Development Fund ReplenishmentAFRICA RESEARCH BULLETIN: ECONOMIC, FINANCIAL AND TECHNICAL SERIES, Issue 8 2010Article first published online: 30 SEP 2010 No abstract is available for this article. [source] AFRICAN DEVELOPMENT BANK (AfDB): Annual MeetingsAFRICA RESEARCH BULLETIN: ECONOMIC, FINANCIAL AND TECHNICAL SERIES, Issue 5 2010Article first published online: 8 JUL 2010 No abstract is available for this article. [source] WORLD BANK: Global ProspectsAFRICA RESEARCH BULLETIN: ECONOMIC, FINANCIAL AND TECHNICAL SERIES, Issue 5 2010Article first published online: 8 JUL 2010 No abstract is available for this article. [source] AFRICAN DEVELOPMENT BANK: New InvestmentsAFRICA RESEARCH BULLETIN: ECONOMIC, FINANCIAL AND TECHNICAL SERIES, Issue 4 2010Article first published online: 4 JUN 2010 No abstract is available for this article. [source] AFRICAN DEVELOPMENT BANK: Capacity Building ConferenceAFRICA RESEARCH BULLETIN: ECONOMIC, FINANCIAL AND TECHNICAL SERIES, Issue 3 2010Article first published online: 4 MAY 2010 No abstract is available for this article. [source] AFRICAN DEVELOPMENT BANK: Agricultural Sector StrategyAFRICA RESEARCH BULLETIN: ECONOMIC, FINANCIAL AND TECHNICAL SERIES, Issue 2 2010Article first published online: 1 APR 2010 First page of article [source] AFRICA,WORLD BANK: Zoellick's AssessmentAFRICA RESEARCH BULLETIN: ECONOMIC, FINANCIAL AND TECHNICAL SERIES, Issue 1 2010Article first published online: 8 MAR 2010 No abstract is available for this article. [source] AFRICAN DEVELOPMENT BANK: Global Bond Issue LaunchedAFRICA RESEARCH BULLETIN: ECONOMIC, FINANCIAL AND TECHNICAL SERIES, Issue 1 2010Article first published online: 8 MAR 2010 No abstract is available for this article. [source] AFDB/IMF/WORLD BANK: Divergent PredictionsAFRICA RESEARCH BULLETIN: ECONOMIC, FINANCIAL AND TECHNICAL SERIES, Issue 10 2009Article first published online: 27 NOV 200 No abstract is available for this article. [source] AFRICAN DEVELOPMENT BANK: West African Emerging MarketsAFRICA RESEARCH BULLETIN: ECONOMIC, FINANCIAL AND TECHNICAL SERIES, Issue 9 2009Article first published online: 2 NOV 200 No abstract is available for this article. [source] AFRICAN DEVELOPMENT BANK: Triple A ratingAFRICA RESEARCH BULLETIN: ECONOMIC, FINANCIAL AND TECHNICAL SERIES, Issue 7 2009Article first published online: 27 AUG 200 No abstract is available for this article. [source] AFRICAN DEVELOPMENT BANK: Counter-Cyclical StrategiesAFRICA RESEARCH BULLETIN: ECONOMIC, FINANCIAL AND TECHNICAL SERIES, Issue 6 2009Article first published online: 30 JUL 200 No abstract is available for this article. [source] AFRICAN DEVELOPMENT BANK: Record Loan to BotswanaAFRICA RESEARCH BULLETIN: ECONOMIC, FINANCIAL AND TECHNICAL SERIES, Issue 5 2009Article first published online: 3 JUL 200 No abstract is available for this article. [source] AFRICAN DEVELOPMENT BANK: Annual Outlook ReportAFRICA RESEARCH BULLETIN: ECONOMIC, FINANCIAL AND TECHNICAL SERIES, Issue 4 2009Article first published online: 4 JUN 200 No abstract is available for this article. [source] IMF/WORLD BANK: Spring MeetingAFRICA RESEARCH BULLETIN: ECONOMIC, FINANCIAL AND TECHNICAL SERIES, Issue 4 2009Article first published online: 4 JUN 200 No abstract is available for this article. [source] AFRICAN DEVELOPMENT BANK: Falling Growth, Rising Unrest?AFRICA RESEARCH BULLETIN: ECONOMIC, FINANCIAL AND TECHNICAL SERIES, Issue 2 2009Article first published online: 7 APR 200 No abstract is available for this article. [source] AFRICAN DEVELOPMENT BANK: Liquidity FundAFRICA RESEARCH BULLETIN: ECONOMIC, FINANCIAL AND TECHNICAL SERIES, Issue 1 2009Article first published online: 9 MAR 200 No abstract is available for this article. [source] MOBILE PHONE BANKING: Banking the UnbankedAFRICA RESEARCH BULLETIN: ECONOMIC, FINANCIAL AND TECHNICAL SERIES, Issue 2 2009Article first published online: 7 APR 200 No abstract is available for this article. [source] WAL-MART AND BANKS: SHOULD THE TWAIN MEET?CONTEMPORARY ECONOMIC POLICY, Issue 4 2009A PRINCIPLES-BASED APPROACH TO THE ISSUES OF THE SEPARATION OF BANKING AND COMMERCE The application in July 2005 by Wal-Mart to obtain a specialized bank charter from the state of Utah and to obtain federal deposit insurance reopened a national debate concerning the separation of banking and commerce. Though Wal-Mart withdrew its application in March 2007, the issue and the debate continue. This article offers a principles-based approach to this issue that begins with the recognition that banks are special and that safety and soundness regulation of banks is therefore warranted. Building on that recognition, the article lays out the principle that the "examinability and supervisability" of an activity should determine if that activity should be undertaken by a bank. Even if an otherwise legitimate activity is not suitable for a bank, it should be allowed for a bank's owners (whether the owners are individuals or a holding company), so long as the financial transactions between the bank and its owners are closely monitored by bank regulators. The implications of this set of ideas for the Wal-Mart case and for banking and commerce generally are then discussed. (JEL G21, G28) [source] DO WE REALLY NEED CENTRAL BANKS?ECONOMIC AFFAIRS, Issue 3 2009Roland Vaubel An analysis of economic theory and economic history suggests that central banks, with a monopoly of money-issuing services, are not necessary. The often-levelled arguments against private banks issuing money in competition with each other and with central banks do not stand up to close scrutiny. [source] CENTRAL BANKS: FROM POLITICALLY INDEPENDENT TO MARKET-DEPENDENT INSTITUTIONSECONOMIC AFFAIRS, Issue 3 2009Pedro Schwartz Responses to the financial crisis are undermining the Chinese walls painfully built between monetary and fiscal authorities. Central banks and state treasuries are working side by side as lenders of last resort. Central banks are helping economic ministers with purchases of public debt and discounting of private paper. Regulation and control of financial institutions is now a political football. Central banks must be seen again as market-dependent institutions in a world of currency competition. Privatisation in law or in fact is back on the table. [source] FOREIGN BANKS: WHAT DO WE KNOW?ECONOMIC PAPERS: A JOURNAL OF APPLIED ECONOMICS AND POLICY, Issue S1 2006BARRY WILLIAMS In their twenty years since their entry into Australia, foreign bank performance has been considered a failure. This paper will canvass this and related issues and argue that some of these perceptions may have been based upon inappropriate expectations. It will be argued that the foreign banks have been an important component in the ongoing process of Australian financial system efficiency improvement and globalisation. [source] COMPETITIVE ISSUES IN THE TAIWANESE BANKING INDUSTRY: MERGERS AND UNIVERSAL BANKSTHE DEVELOPING ECONOMIES, Issue 3 2003Peiyi YU This paper investigates scale economies and scope economies in the Taiwanese banking system, looking beyond the market-power (MP) and efficient-structure (ES) hypotheses. Given the existence of overall economies of scale and the positive value of expansion path sub-additivity, we conclude that there might be large increases in profits following mergers. Moreover, since the profit-structure relationship after financial reform is determined by the relative-market-power hypothesis, this consolidation trend will not necessarily decrease the social benefit for Taiwanese consumers. With regard to scope economies and product-specific economies of scale, we are unable to recommend whether Taiwanese banks should develop as specialized banks or diversified banks in the future. Finally, we find that risk indicators play an important role in explaining the observed variation in bank profitability, and present evidence that default risk and leverage risk have negative effects on the profits of banking, although the effect of portfolio risk is uncertain. [source] COULD TIGHTER PRUDENTIAL REGULATION HAVE SAVED THAILAND'S BANKS?THE DEVELOPING ECONOMIES, Issue 3 2001Thomas HARTMANN-WENDELS First page of article [source] WEALTH EFFECT OF PUBLIC FUND INJECTIONS TO AILING BANKS: DO DEFERRED TAX ASSETS AND AUDITING FIRMS MATTER?,THE JAPANESE ECONOMIC REVIEW, Issue 4 2007NOBUYOSHI YAMORI This paper examines the wealth effect on other banks by the public fund injection into Resona Bank. This paper finds that the injection initially conveyed the auditing firms' strict stance towards deferred tax assets. More importantly, the procedure that the government employed was regarded by market participants as a too-big-to-fail policy. Therefore, although the Resona injection was effective in obviating a financial crisis, the policy was inevitably accompanied with the moral hazard problem. [source] ON NETWORK COMPETITION AND THE SOLOW PARADOX: EVIDENCE FROM US BANKSTHE MANCHESTER SCHOOL, Issue 2008SUSHANTA K. MALLICK In this paper we develop a model to examine the effect of information technology (IT) in the banking industry. IT can reduce operational cost and create network externality. Empirical studies, however, have shown inconsistency, the so-called Solow paradox, which we explain by stressing the heterogeneity in banking services. In a differentiated model, we characterize the conditions to identify these two effects and explain how the two seemingly positive effects turn negative. Using a panel data set of 68 US banks over 1986,2005, our results show that the profitability effect of IT spending is negative, reflecting a negative network competition effect in the banking industry. [source] |