Showing 1 - 10 of 14
Competing in the world economy does not automatically boost a nation's productivity and restructure its economy. Such progress requires mobilizing capital, employment, technology and knowledge. Opportunities beyond the business realm must be fully exploited to the benfit of society as a whole....
Persistent link: https://www.econbiz.de/10010943460
to growth and prosperity, the Inter-American Development Bank has made this sector the focus of its 2005 Report on … Economic and Social Progress in Latin America. The Report analyzes the three main characteristics of bank credit …
Persistent link: https://www.econbiz.de/10010943515
developed to show that a more diversified international bank may be one of lower, overall risk and less susceptible to funding …
Persistent link: https://www.econbiz.de/10010943703
This paper surveys the theoretical and empirical literature on the role of state-owned banks and also presents some new results and a robustness analysis. The paper shows that state-owned banks located in developing countries have fiscal costs because they are characterized by lower returns than...
Persistent link: https://www.econbiz.de/10010943739
This paper studies the relationship between creditor protection and credit volatility. During the negative phase of the business cycle, credit contracts more in countries with poor creditor protection. For similar shocks to business conditions, credit is more volatile in countries where...
Persistent link: https://www.econbiz.de/10010943770
This paper builds a new dataset on bank ownership and bank performance covering approximately 50,000 observations for … 119 countries over the 1995-2002 period. The paper then uses the dataset to reassess the relationship between bank … ownership and bank performance, providing separated estimations for developing and industrial countries. It is found that, while …
Persistent link: https://www.econbiz.de/10010943947
This paper examines whether bank ownership (public versus private, domestic versus foreign) is correlated with bank … bank managers; evidence is found in support of the former hypothesis. In the case of foreign-owned banks, the paper finds …
Persistent link: https://www.econbiz.de/10010944114
This paper tests the efficiency of different structures of bank ownership in terms of its ability to target …
Persistent link: https://www.econbiz.de/10010944202
Institutional and legal differences between countries increase entry costs and reduce the ability of banks to expand abroad. We use bilateral foreign banking data for 176 countries to estimate a gravity model in which bilateral cross-border banking activity is explained, in addition to standard...
Persistent link: https://www.econbiz.de/10010944255
We develop a model in which the elasticity of credit to exogenous shocks depends on creditor rights regulations. We show that an increase in creditor protection reduces the elasticity of credit supply to exogenous shocks, and hence the amplitude of the credit cycle. Using an extended set of a...
Persistent link: https://www.econbiz.de/10010944373