The paper applies an economic model of a competitive market for retail banking services to generate insights into the following relevant questions. Is the cost structure of electronic distribution systems sufficient to justify choosing the Kiosk/PC Banking distribution strategy? That is, is it reasonable that market pressures and technological advances will allow banks to virtually eliminate br...

The article presents the results of examining changes that have occurred in connection with digitization banking Poland and its impact on this segment. data is taken from National Bank Poland, Polish Financial Supervision Authority, Prnews.pl website. A descriptive, statistical Pearson correlation method were used. indicate an increasing share customers using products a digital way. number both...

Many species produce eggs or seeds that refrain from hatching despite developmental preparedness and favorable environmental conditions. Instead, these propagules hatch in intervals over long periods. Such variable hatch or germination tactics may represent bet-hedging against future catastrophes. Empiricists have independently recognized these approaches in diverse species. Terms such as seed ...

The purpose of this paper is to empirically assess the relationship existing between local financial development and the growth of firms, with a special focus on cooperatives. More in detail, the interest is in investigating whether local banking development impacts differently on the growth of cooperative firms, as compared to partnerships and corporations. To pursue this aim, using Italian da...

THE PURPOSE OF THIS NOTE is to apply an argument developed in Hülsmann (2009) to a claim used in advocacy of fractional reserve banking (FRB) under a system of free banking (that is, a system of banks lacking any formal, central control [as characterizes the state-monopolized central banking systems of the modern Western world]). Hülsmann considers the effects on the structure of production of ...

The coincidence of banking and currency crises associated with the Asian financial crisis has drawn renewed attention to causal and common factors linking the two phenomena. In this paper, we analyze the incidence and underlying causes of banking and currency crises in 90 industrial and developed countries over the 1975-97 period. We measure the individual and joint (“twin”) occurrence of bank ...

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The capital structure and regulation of financial intermediary firms are important topics for regulators and academic researchers. In general, theory predicts that firms choose their capital structures by balancing the benefits of debt against its costs. The purpose of this paper is to analyze capital structure as a function of bank's specific variable factors. It examines the relationship ...