This study examines the influence of competition on the financial stability of the commercial banks of Association of Southeast Asian Nation (ASEAN) over the 1990 to 2014 period. Panzar-Rosse H-statistic, Lerner index and Herfindahl-Hirschman Index (HHI) are used as measures of competition, while Z-score, non-performing loan (NPL) ratio and equity ratio are used as measures of financial stabili...

Network effects may be either direct or indirect. While many analyses conßate the two, I show that the ways in which direct and indirect effects inßuence technological standardization are quite different. Some parameter changes have opposite effects in the two models, and some factors which are irrelevant under direct effects are central under indirect effects. Compatibility in particular has a...

In the last two decades, central banks in Sub-Saharan African (SSA) countries have witnessed a trend of recapitalization policy for commercial banks, and many more are bracing up to undertake same reform. This has raised debates on whether how it affects competitiveness banks. Nevertheless, empirical evidence remains sparse inclusive, especially SSA countries. It is this premise that study, the...

The private sector, in order to function properly, needs financing from the national financial and so efficiency competitiveness of said sector arouse interest many researchers, who perform analyses provide authorities decision makers with relevant information for decision-making process design their policies. This study contributes this line research, analyzing both technical economic (allocat...

The article considers the issues on banking competition interaction, system's stability and efficiency. This research aims to conduct a comprehensive assessment of that consists structural non-structural methods under institutional changes' impact. paper presents how this influences system Ukraine through its reformation in level it interacts with indicators efficiency banks. In study's frame, ...

This paper provides evidence that habit persistence is an important determinant of household consumption choices in a setting that allows for individual heterogeneity and credit constraints. By using actual individual consumption data, I find that the strength of the external habit, captured by the consumption of the reference group, is 0.290; while the strength of internal habit, represented b...

We provide an econometric framework for estimating a game of simultaneous entry and pricing decisions in oligopolistic markets while allowing for correlations between unobserved fixed costs, marginal costs, and demand shocks. Firms’ decisions to enter a market are based on whether they will realize positive profits from entry. We use our framework to quantitatively account for this selection pr...

Multinational corporations are considered as a differentiated network of interorganizational (HQ-subsidiary) relations. Using data from 66 of the largest North American and European multinationals it is shown that four naturally existing clusters of subsidiaries can be found on the basis of the complexity of the external environment faced by the subsidiary and its organizational resources. Cent...

Markets’ two-sidedness has been a much discussed topic in modern economic scholarship. Hundreds of academic papers have been written about it in the last ten years. The concept has also veered into antitrust policy, with applications in major jurisdictions such as the United States (“US”), China, and recently, the European Union (“EU”). At this juncture, the question arises whether the buzz aro...