Results 1 - 10 of 349

Financial Intermediation and Growth: Causality and Causes

by Ross Levine, Norman Loayza, Thorsten Beck - JOURNAL OF MONETARY ECONOMICS , 2000
"... This paper evaluates (1) whether the exogenous component of financial intermediary development influences economic growth and (2) whether cross-country differences in legal and accounting systems (e.g., creditor rights, contract enforcement, and accounting standards) explain differences in the level ..."
Abstract - Cited by 819 (72 self) - Add to MetaCart
in the level of financial development. Using both traditional cross-section, instrumental variable procedures and recent dynamic panel techniques, we find that the exogenous components of financial intermediary development is positively associated with economic growth. Also, the data show that cross

Inside the search process : information seeking from the user’s perspective.

by Carol C Kuhlthau - Journal of the American Society for Information Science, , 1991
"... The article discusses the users' perspective of information seeking. A model of the information search process is presented derived from a series of five studies investigating common experiences of users in information seeking situations. The cognitive and affective aspects of the process of i ..."
Abstract - Cited by 345 (3 self) - Add to MetaCart
of information seeking suggest a gap between the users' natural process of information use and the information system and intermediaries' traditional patterns of information provision.

Venture Capital and the Professionalization of Start-up Firms: Empirical Evidence

by Thomas Hellmann, Manju Puri - Journal of Finance , 2002
"... This paper examines the impact venture capital can have on the development of new firms. Using a hand-collected data set on Silicon Valley start-ups, we find that venture capital is related to a variety of professionalization measures, such as human resource policies, the adoption of stock option pl ..."
Abstract - Cited by 354 (26 self) - Add to MetaCart
of traditional financial intermediaries. IN THIS PAPER, WE SET OUT to empirically examine whether venture capitalists play a role in the professionalization of start-up companies. We use a unique hand-collected data set of Silicon Valley start-ups that allows us to observe aspects of the internal organization

An Exploratory Study of the Emerging Role of Electronic Intermediaries

by Joseph P. Bailey, Yannis Bakos - INTERNATIONAL JOURNAL OF ELECTRONIC COMMERCE , 1997
"... It is often argued that as electronic markets lower the cost of market transactions, traditional roles for intermediaries will be eliminated, leading to "disintermediation." We discuss the findings of an exploratory study of intermediaries in electronic markets, which suggest that markets ..."
Abstract - Cited by 184 (4 self) - Add to MetaCart
It is often argued that as electronic markets lower the cost of market transactions, traditional roles for intermediaries will be eliminated, leading to "disintermediation." We discuss the findings of an exploratory study of intermediaries in electronic markets, which suggest

Financial Intermediaries and Monetary Economics

by Tobias Adrian, Hyun Song Shin
"... We reconsider the role of nancial intermediaries in monetary economics. We explore the hypothesis that the nancial intermediary sector is the engine that drives the nancial cycle through the uctuations in the price of risk. In this framework, balance sheet quantities emerge as a key indicator of ris ..."
Abstract - Cited by 63 (1 self) - Add to MetaCart
the size of nancial intermediary balance sheets. Our ndings suggest that the traditional focus on the money stock for the conduct of monetary policy may have more modern counterparts, and suggest the importance of tracking balance sheet quantities for the conduct of monetary policy. This paper is a

The Market Survival of Publicly Traded Traditional and Market-Based Financial Intermediaries

by Marc Schaffer
"... The financial crisis highlighted the pivotal role that financial intermediaries play in the economy. Recent research has analyzed the differences between traditional and market-based financial intermediaries, noting the greater balance sheet volatility of the former category. Using these volatility ..."
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The financial crisis highlighted the pivotal role that financial intermediaries play in the economy. Recent research has analyzed the differences between traditional and market-based financial intermediaries, noting the greater balance sheet volatility of the former category. Using these volatility

Disintermediation, Reintermediation, or Cybermediation? The Future of Intermediaries in Electronic Marketplaces

by George M. Giaglis, Stefan Klein, Robert M. O'Keefe, Robert M. O’keefe - Global Networked Organizations, Proceedings 12 th Electronic Commerce Conference, Moderna organizacija , 1999
"... Early researchers seemed to agree on the prediction that decreased transaction costs in electronic marketplaces would lead to the reduction, or even extinction, of traditional intermediaries from electronic value chains. Despite some validity in these claims, a careful examination of the way that el ..."
Abstract - Cited by 13 (0 self) - Add to MetaCart
Early researchers seemed to agree on the prediction that decreased transaction costs in electronic marketplaces would lead to the reduction, or even extinction, of traditional intermediaries from electronic value chains. Despite some validity in these claims, a careful examination of the way

The future eTourism intermediaries

by Dimitrios Buhalis, Maria Cristina Licata - Tourism Management [online
"... Hitherto, the travel distribution role has been performed by traditional Outgoing Travel Agents (OTAs), Tour Operators (Tos) and Incoming Travel Agencies (ITAs). They were supported by Computer Reservation Systems (CRSs), Global Distribution Systems (GDSs) or tour operators’ Videotext systems (or Le ..."
Abstract - Cited by 39 (2 self) - Add to MetaCart
Leisure Travel Networks). These traditional electronic intermediaries (or ‘eMediaries’), particularly GDSs, progressively consolidated their position. The Internet created the conditions for the emergence of new eMediaries, based on three ePlatforms, namely the Internet, Interactive Digital Television

Banks as Liquidity Providers: An Explanation for the Co-Existence of Lending and Deposit-Taking

by Anil K. Kashyap, Raghuram Rajan, Jeremy C. Stein - Journal of Finance , 2002
"... What ties together the traditional commercial banking activities of deposittaking and lending? We argue that since banks often lend via commitments, their lending and deposit-taking may be two manifestations of one primitive function: the provision of liquidity on demand. There will be synergies bet ..."
Abstract - Cited by 228 (14 self) - Add to MetaCart
What ties together the traditional commercial banking activities of deposittaking and lending? We argue that since banks often lend via commitments, their lending and deposit-taking may be two manifestations of one primitive function: the provision of liquidity on demand. There will be synergies

Intermediaries: new places for producing and manipulating web content

by Rob Barrett, Paul P. Maglio - Computer Networks and ISDN Systems , 1998
"... We propose a new approach to programming web applications that increases the web's computational power, the web's flexibility, and web programmer productivity. Whereas web servers have traditionally been responsible for producing all content, intermediaries now provide new places for produ ..."
Abstract - Cited by 59 (3 self) - Add to MetaCart
We propose a new approach to programming web applications that increases the web's computational power, the web's flexibility, and web programmer productivity. Whereas web servers have traditionally been responsible for producing all content, intermediaries now provide new places
Results 1 - 10 of 349