Innovation, Deregulation, and the Life Cycle of a Financial Service Industry /
This paper examines innovation, deregulation, and firm dynamics over the life cycle of the U.S. ATM and debit card industry. In doing so, we construct a dynamic equilibrium model to study how a major product innovation (introducing the new debit card function) interacted with banking deregulation dr...
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Další autoři: | , |
Médium: | Časopis |
Jazyk: | English |
Vydáno: |
Washington, D.C. :
International Monetary Fund,
2015.
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Edice: | IMF Working Papers; Working Paper ;
No. 2015/192 |
On-line přístup: | Full text available on IMF |