In Finance, Size Matters /
This study investigates the relationship between production efficiency in financial intermediation and financial system size. The study predicts and tests for the existence of "systemic scale economies" (SSEs), whereby value-maximizing intermediaries operating in large systems are expected...
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Format: | Revista |
Idioma: | English |
Publicat: |
Washington, D.C. :
International Monetary Fund,
2002.
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Col·lecció: | IMF Working Papers; Working Paper ;
No. 2002/113 |
Accés en línia: | Full text available on IMF |