Download or read book Bank Deregulation and Its Impact on Small Business Lending written by United States. Congress. House. Committee on Small Business. Subcommittee on Tax, Access to Equity Capital, and Business Opportunities and published by . This book was released on 1982 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Deregulation of Financial Institutions and Its Impact on Small Business Financing written by United States. Congress. House. Committee on Small Business. Subcommittee on Tax, Access to Equity Capital, and Business Opportunities and published by . This book was released on 1984 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book U S Banking Deregulation Small Businesses and Interstate Insurance of Personal Income written by Yuliya Demyanyk and published by . This book was released on 2010 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: We estimate the effects of deregulation of U.S. banking restrictions on the amount of interstate personal income insurance during the period 1970-2001. Interstate income insurance occurs when personal income reacts less than one-to-one to state-specific shocks to output. We find that income insurance improved after banking deregulation, and that this effect is larger in states where small businesses are more important. We further show that the impact of deregulation is stronger for proprietors' income than other components of personal income. Our explanation of this result enters on the role of banks as a prime source of small business finance and on the close intertwining of the personal and business finances of small business owners. Our analysis casts light on the real effects of bank deregulation, on the risk sharing function of banks, and on the integration of bank markets.
Download or read book The Impact of Banking Restructuring Proposals on Small Businesses Access to Credit written by United States. Congress. House. Committee on Small Business. Subcommittee on Antitrust, Impact of Deregulation, and Privatization and published by . This book was released on 1991 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Bank Deregulation and Its Impact on Small Business Lending written by United States. Congress. House. Committee on Small Business. Subcommittee on Tax, Access to Equity Capital, and Business Opportunities and published by . This book was released on 1982 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Banking Deregulation Local Credit Supply and Small Business Growth written by Prasad Krishnamurthy and published by . This book was released on 2014 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: I show that the deregulation of bank branching in the United States lowered the sensitivity of small business growth to local credit supply. In urban markets, within-state deregulation of branching resulted in an 80% decrease in the effect of local deposit growth on the growth of establishments with 20-99 employees. Across-state deregulation had an effect of comparable size in county markets. I fiijnd effects of similar magnitude using employment growth and payroll growth as measures of business growth. Using the history of litigation over the scope of state bank regulation, I show these results continue to hold for states that deregulated branching for reasons that were unrelated to economic conditions. These fiijndings suggest that bank deregulation played an important role in insuring small businesses against local shocks to credit supply.
Download or read book Current Trends in the Financial Services Industry and Their Impact on Small Business Financing written by United States. Congress. House. Committee on Small Business. Subcommittee on Tax, Access to Equity Capital, and Business Opportunities and published by . This book was released on 1985 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book U S Bank Deregulation in Historical Perspective written by Charles W. Calomiris and published by Cambridge University Press. This book was released on 2006-11-02 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book shows how deregulation is transforming the size, structure, and geographic range of U.S. banks, the scope of banking services, and the nature of bank-customer relationships. Over the past two decades the characteristics that had made American banks different from other banks throughout the world--a fragmented geographical structure of the industry, which restricted the scale of banks and their ability to compete with one another, and strict limits on the kinds of products and services commercial banks could offer--virtually have been eliminated. Understanding the origins and persistence of the unique banking regulations that defined U.S. banking for over a century lends an important perspective on the economic and political causes and consequences of the current process of deregulation.
Download or read book Deregulation of Financial Institutions and Its Impact on Small Business Financing written by United States. Congress. House. Committee on Small Business. Subcommittee on Tax, Access to Equity Capital, and Business Opportunities and published by . This book was released on 1984 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book US Banking Deregulation Small Businesses and Interstate Insurance of Personal Income written by Yuliya Demyanyk and published by . This book was released on 2006 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book How the Financial System Can Best be Shaped to Meet the Needs of the American People written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs and published by . This book was released on 1984 with total page 2000 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Global Financial Deregulation written by Itzhak Swary and published by John Wiley & Sons. This book was released on 1992 with total page 521 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial institutions in developed countries have undergone a profound structural change in recent years. As a result, banking has become internationalized and competition has intensified within vast and complex markets for a range of financial services. This book reviews these changes.
Download or read book Banking Deregulation written by American Bankers Association and published by . This book was released on 1984 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Redistributive Effects of Financial Deregulation written by Mr.Anton Korinek and published by International Monetary Fund. This book was released on 2013-12-17 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial regulation is often framed as a question of economic efficiency. This paper, by contrast, puts the distributive implications of financial regulation center stage. We develop a model in which the financial sector benefits from risk-taking by earning greater expected returns. However, risktaking also increases the incidence of large losses that lead to credit crunches and impose negative externalities on the real economy. We describe a Pareto frontier along which different levels of risktaking map into different levels of welfare for the two parties. A regulator has to trade off efficiency in the financial sector, which is aided by deregulation, against efficiency in the real economy, which is aided by tighter regulation and a more stable supply of credit. We also show that financial innovation, asymmetric compensation schemes, concentration in the banking system, and bailout expectations enable or encourage greater risk-taking and allocate greater surplus to the financial sector at the expense of the rest of the economy.
Download or read book Essays on the Monetary Transmission Mechanism Changes in the United States Banking System and Small Business Lending written by David Vera and published by . This book was released on 2005 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: My first essay is a survey of the literature on the bank-lending channel of monetary policy, banking deregulation in the U.S. and small business lending. This literature provides a framework for exploring questions of how recent changes in banking deregulation may have affected the monetary transmission mechanism and small business lending. In my second essay, I provide evidence that the monetary transmission mechanism in the U.S. has changed. In particular, using aggregate data I show that monetary policy shocks no longer have the significant effects on bank loans that were previously demonstrated in the literature. The smaller response of bank loans coincides with a period of deregulation in the banking system that triggered banking consolidation. Using bank-level data, I tie the changes in the monetary transmission mechanism to changes in the response of bank loans resulting from mergers. Consistent with earlier research that linked monetary policy effects to banks' balance sheet characteristics, I show that the growth of loans of banks that have merged is less sensitive to monetary policy shocks than that of banks not taking part in mergers. In my third essay I explore the link between changes in the banking system and small business lending. Research on banking indicates that small banks appear to be the main providers of credit to small businesses. Recent changes in banking legislation that have triggered consolidation have raised concerns over the availability of credit to small businesses. In this paper I provide evidence that even though recent changes in banking legislation have decreased the number of small banks, they have not had an effect on total small business lending. I also provide evidence that small banks may be participating less in small business lending. These results have implications for both the smaller output volatility recently documented in the literature as well as for a diminished bank-lending channel of the monetary transmission mechanism.
Download or read book Credit to the Community written by Dan Immergluck and published by Routledge. This book was released on 2016-07-08 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides the most comprehensive examination of community reinvestment and fair lending problems and policies currently available. It outlines the history of lending discrimination and redlining in U.S. mortgage and small business lending markets, and documents the persistence of such problems today. The author explains the role that government has played in developing banking and credit markets in the United States, from the creation of Alexander Hamilton's First Bank of the United States to the ongoing support government provides through the subsidization of secondary markets and through maintenance of critical regulatory infrastructure. Immergluck takes issue with those calling for deregulation of financial services - especially in the arena of fair lending and consumer protection - and gives new voice to rationales for social contract policies such as the Community Reinvestment Act. He provides new long-term analysis of the failure of federal bank regulators to enforce the CRA, and also shows how increased community activism and media attention have led to sporadic periods of stronger CRA enforcement. Finally, he recommends a number of policy changes that are needed to modernize the nation's fair lending and community reinvestment laws and make them more relevant for the 21st century.
Download or read book Doing Business 2020 written by World Bank and published by World Bank Publications. This book was released on 2019-11-21 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seventeen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2020 measures aspects of regulation affecting 10 areas of everyday business activity.
