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...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Hayashi, Fumiko
अन्य लेखक: Li, Grace, Wang, Zhu
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2015.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2015/192
ऑनलाइन पहुंच:Full text available on IMF