Showing 1 - 10 of 13
Financial network structure is an important determinant of systemic risk. This paper examines how the U.S. interbank network evolved over a long and important period that included two key events: the founding of the Federal Reserve and the Great Depression. Banks established connections to...
Persistent link: https://www.econbiz.de/10012479982
Persistent link: https://www.econbiz.de/10012467179
Which public policies and ownership structures enhance the governance of banks? This paper constructs a new database on the ownership of banks internationally and then assesses the ramifications of ownership, shareholder protection laws, and supervisory/regulatory policies on bank valuations....
Persistent link: https://www.econbiz.de/10012468536
relationship between the market structure of the banking industry and bank fragility, this paper studies the impact of bank … concentration, bank regulations, and national institutions on the likelihood of suffering a systemic banking crisis. Using data on … 70 countries from 1980 to 1997, we find that crises are less likely in economies with (i) more concentrated banking …
Persistent link: https://www.econbiz.de/10012468775
and corruption in raising external finance, which is consistent with political/regulatory capture theories. Creating a …
Persistent link: https://www.econbiz.de/10012469078
specific regulatory and supervisory practices and banking-sector development, efficiency, and fragility. The paper examines: (i …) regulatory restrictions on bank activities and the mixing of banking and commerce; (ii) regulations on domestic and foreign bank …
Persistent link: https://www.econbiz.de/10012469383
This paper investigates the impact of stock markets and banks on economic growth using a panel data set for the period 1976-98 and applying recent GMM techniques developed for dynamic panels. On balance, we find that stock markets and banks positively influence economic growth and these findings...
Persistent link: https://www.econbiz.de/10012469631
" banking outcomes. Although railroads improved economic conditions along their routes, we offer evidence of another channel …
Persistent link: https://www.econbiz.de/10012458632
The passage of the National Banking Acts stabilized the existing financial system and encouraged the entry of 729 banks …
Persistent link: https://www.econbiz.de/10012459873
performance of banking systems. Since the underlying surveys are large and complex, we construct summary indices of key bank … regulatory and supervisory policies to facilitate cross-country comparisons and analyses of changes in banking policies over time …
Persistent link: https://www.econbiz.de/10012459929