Results 111 to 120 of about 3,656,114 (202)

Finance, Technology and Inequality in Economic Development [PDF]

open access: yes
This paper presents an overlapping generations model with technology choice and credit market imperfections, in order to investigate a possible source of underdevelopment.
Kazuhiro Yamamoto   +2 more
core  

The Effect of Financial Development on Convergence: Theory and Evidence [PDF]

open access: yes
We introduce imperfect creditor protection in a multi-country version of Schumpeterian growth theory with technology transfer. The theory predicts that the growth rate of any country with more than some critical level of financial development will ...
David Mayer-Foulkes   +2 more
core  

Financial Development and the Underground Economy [PDF]

open access: yes
We provide a theoretical and empirical study of the relation between financial development and the size of the underground economy. In our theoretical framework agents allocate investment between a low-return technology which can be operated with ...
Salvatore Capasso, Tullio Jappelli
core  

What Will Technology Do to Financial Structure? [PDF]

open access: yes
This paper looks at how advances in information and telecommunications technologies have been changing the structure of the financial system by lowering transaction costs and reducing asymmetric information.
Fredric S. Mishkin, Philip E. Strahan
core  

Effective supervision and the evolving financial services industry [PDF]

open access: yes
Technology, market consolidation, international competition, and new legislation are changing the face of the financial services industry. How are the agencies responsible for ensuring the safety and soundness of our financial system responding?
Jerry L. Jordan
core  

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