Distinguin, Isabelle; Kouassi, Tchudjane; Tarazi, Amine - In: Journal of Comparative Economics 41 (2013) 2, pp. 544-560
There is a considerable debate on the role played by market discipline in the banking industry. Using data for 207 … deposits. We find that market discipline has been effective in Central and Eastern Europe since the implementation of explicit … countries during banking crises also impact bank risk and the effectiveness of market discipline. Our results indicate that …