Showing 1 - 10 of 12
Persistent link: https://www.econbiz.de/10003958001
"There is a wide cross-country variation in the institutional structure of bank failure resolution, including the role of the deposit insurer. The authors use quantitative analysis for 57 countries and discuss specific country cases to illustrate this variation. Using data for over 1,700 banks...
Persistent link: https://www.econbiz.de/10010522141
Persistent link: https://www.econbiz.de/10010523393
Persistent link: https://www.econbiz.de/10010523394
"The authors examine whether financial development boosts the growth of small firms more than large firms and hence provides information on the mechanisms through which financial development fosters aggregate economic growth. They define an industry's technological firm size as the firm size...
Persistent link: https://www.econbiz.de/10010522713
Persistent link: https://www.econbiz.de/10010523930
Analysis of a panel data set for 1976-98 shows that on balance stock markets and banks positively influence economic growth; findings that do not result from biases induced by simultaneity, omitted variables, or unobserved country-specific effects
Persistent link: https://www.econbiz.de/10010523965
A country's level of financial development and the legal environment in which financial intermediaries and markets operate critically influence economic development. In countries whose financial sectors are more fully developed and whose legal systems protect the rights of outside investors,...
Persistent link: https://www.econbiz.de/10010524301
June 2000 - Do industries that depend heavily on external finance grow faster in market-based or bank-based financial systems? Are new firms more likely to form in a bank-based or a market-based financial system? Beck and Levine find no evidence for the superiority of either market-based or...
Persistent link: https://www.econbiz.de/10010524490
Persistent link: https://www.econbiz.de/10010524775