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The article presents a reply by the author to comments made by economist Eric Brucker about an article the author wrote concerning the personal finance market. Brucker's commentary implies that rate ceiling regulations can overcome the adverse impact of monopolistic market power, a view the author does not agree with. Furthermore, the model Brucker set forth fails to account for the effect of market concentration on loan rejection rates. Overall, the author believes his original work defensible in terms of both plausibility and accuracy.

This work is a presentation of the Excel software containing 15 computing sheets and proposed problems in order to improve the students' abilities to perform calculus about banking specific area. Thus calculus related to bank deposits, taking a loan, refinancing a credit and leasing operations are provided. [ABSTRACT FROM AUTHOR]

Using a newly constructed panel data set, which includes annual estimates of lending rates for 47 Japanese prefectures, we analyze why interest rates converged over the period 1884-1925. We find evidence that technological innovations and institutional changes played an important role in creating a national capital market in Japan. In particular, the diffusion in the use of the telegraph, the growth in commercial branch banking networks, and the development of Bank of Japan's branches reduced interest rate differentials. Bank regulation appears to have played little role in impeding financial market integration. [ABSTRACT FROM AUTHOR]

The article focuses on the regulation and supervision on different British banks. Northern Rock (NR) is a "mortgage bank," which specializes mainly in making home loans. Using an "originate and distribute" model, NR grew aggressively after its de-mutualization from a local base in the North-East of England. It made use of the chance to "securitize" a lot of individual home loans, using the receivables on those loans to back the assets it issued. This allowed NR to raise new fund periodically to make further loans. The European Central Bank (ECB) and the US Central Bank acted properly to insert liquidity into the markets to bring down market rates closer to their traget rates.

Investigates the effects of intragroup pooling of risky assets or projects by controlling for community-level and program design factors that influence the repayment rate of group loans. Details on when performance is measured with repayment rates; Information on the rationale and repayment performance of group lending; Indepth look at the formation, structure, conduct and loan repayment of credit groups.

Examines the relationship betwen loan size and repayment strategy. Analysis of financial contracts without commitment at time zero to an audit strategy; Discussion on the importance of loan size to determine the incentive and audit income reports; Investigation of applications for auditing framework.