Gail Buyske, Banking on Small Business

Banking Consolidation and Small Business Lending

4 Non-technical summary 5 1 Motivation 7 2 The model setup 9 3 Solving the model 12 3.1 The utility Bellman equations 12 3.2 Solving the Bellman equations 13 3.3 The contract offered 14 3.3.1 The Frankfurt policy 16 3.3.2 The London policy 17 3.4 Constrained optimal contract 18 4 An extension: centralization vs. decentralization 19 4.1 Centralized bank 19 4.2 Decentralized bank 20 4.3 Small ban...

Limitations on the Business of Banking

Using a simulation model, the study examines the impact to states and national BHCs if allowed greater participation in securities (segmented into securities brokerage and investment banking), insurance (brokerage, life insurance underwriting, and property-casualty underwriting), or real estate (segmented into five industries ranging from brokerage to development). Utilizing accounting earnings...

Impacts of Relationship Banking and Capital Market Concentration on Small Business Finance BY

Michael Gail

This paper examines the role of habit persistence in consumption in explaining persistent responses of inflation and output to money growth shocks. A monetary stochastic dynamic general equilibrium (DGE) model with a money-in-the-utility-function (MIU-) setup is augmented by habit formation in consumption and evaluated for both Taylor and Calvo price staggering. It is shown that in the benchmar...

Corporate Customer Perspectives on Business Value of Thai Internet Banking

Internet banking has become the new self-service delivery channel that allows banks to provide information and offer services to their customers with more convenience via the web services technology. An understanding of corporate customer acceptance of Internet banking can assist banks to assess the real business value of Internet banking implementation. This study examines four benefits and th...