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competition in Russia during 2002-2008. The authors examine indicators of concentration and contestability, and compute non …-structural measures of competition. They compare competition in Russia to that in Brazil, China, and India, and contrast competition …
Persistent link: https://www.econbiz.de/10012976334
This paper examines time-series and cross-country variations in default risk co-dependence in the global banking system. The authors construct a default risk measure for all publicly traded banks using the Merton contingent claim model, and examine the evolution of the correlation structure of...
Persistent link: https://www.econbiz.de/10012975691
, recapitalizations, and nationalizations affect banking competition. This debate is important because the pricing of banking products has …, and the competitive response also cannot be explained by alternative forces. The competition-increasing effect on Lerner … architecture across countries. (ii) Consistent with theoretical predictions, the competition-increasing effect of government …
Persistent link: https://www.econbiz.de/10012974479
, especially in providing well-defined regulations and enforcing them, ensuring healthy competition, and strengthening financial … enforced regulations suffered more during the global crisis. Evidence also suggests that instead of restricting competition …
Persistent link: https://www.econbiz.de/10012974502
The last several years before the global downturn of 2008-2009 saw rapid credit growth in Poland. The credit-to-gross domestic product ratio rose from about 25 percent in 2004 to close to 50 percent in 2009. Such an expansion itself might potentially be a source of risks to financial stability,...
Persistent link: https://www.econbiz.de/10012975721
This paper provides an overview of the macroprudential measures undertaken by the National Bank of the Republic of Macedonia to prevent further deterioration of the systemic risk and to promote resilience of the banking system. The measures were generally aimed at addressing the time dimension...
Persistent link: https://www.econbiz.de/10012975819
The relationship between bank competition, firm access to finance, and economic growth is a much debated topic in the … impact of bank competition on industry growth in the Gulf Cooperation Council economies. The results show that greater … competition allows financially dependent firms to grow faster. In addition, the results show that lower restrictions on banks …
Persistent link: https://www.econbiz.de/10012968763