, bank control faded away as a result of a political reaction against financial institutions. Using stock market data from …

are robust. Among the robust causes of emerging-market banking crises are rapid domestic credit growth, large bank …

rents already. Thus our results suggest that in the bank-dominated financial system of Germany, in which banks intensely …

in risk to the banking sector. This questions the ''innocence'' of the bank owners in the crisis that have often followed … as a proportion of funds available. Finally we draw policy implication with respect to bank supervision, forbearance and … bank failure resolution procedures during the transition period, and about the so-called ''liberalization sequencing.'' …

the central bank objectives and the monetary policy strategy affect financial stability. We find that focusing the central … bank objectives on price stability reduces the likelihood of a banking crisis. This result is robust to several model …

The paper focuses on a comparison of bank-based andmarket-based …nancial systems with respect to their ability to … period. In contrast, the bank-based system allows for both quick recovery and postponing and smoothing the negative …