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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Détails bibliographiques
Auteur principal: Hayashi, Fumiko
Autres auteurs: Li, Grace, Wang, Zhu
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2015.
Collection:IMF Working Papers; Working Paper ; No. 2015/192
Accès en ligne:Full text available on IMF