Showing 1 - 10 of 78
This paper analyzes interest margin determinants in the Russian banking sector with a particular emphasis on the bank ownership structure. Using a unique bank-level data covering Russia’s entire banking sector for the 19992007 period, we find that the impact of a number of commonly used...
Persistent link: https://www.econbiz.de/10008563371
The volatility of financial markets has been a relevant topic for transition economies, as the countries of Central and Eastern Europe and the former Soviet Union have seemingly endured high levels of volatility in their financial sectors during the transition process. But what have been the...
Persistent link: https://www.econbiz.de/10010752334
This paper examines financial sector characteristics in resource-dependent economies. Using a unique dataset covering 133 countries, we present empirical evidence that the banking sector tends to be smaller in resource-dependent economies, even when controlling for several other factors which...
Persistent link: https://www.econbiz.de/10010538700
The relationship between financial sector and economic growth in transition countries has been largely ignored in the earlier empirical literature. In this paper, we analyse the finance-growth nexus using a fixed-effects panel model and unbalanced panel data from 25 transition countries during...
Persistent link: https://www.econbiz.de/10005648591
The first decade of transition witnessed rapid and tumultuous financial sector development. Although, few transition economies have reached the point where institutions and markets fulfill all the functions of market based financial intermediation, progress has been much more rapid than had been...
Persistent link: https://www.econbiz.de/10005648603
This paper uses multivariate GARCH techniques to study volatility spillovers between the Chinese non-deliverable forward market and seven of its Asia-Pacific counterparts over the period January 1998 to March 2005. To account for the time-variability of conditional correlation, a dynamic...
Persistent link: https://www.econbiz.de/10005419581
There have been profound changes in both political and economic institutions in China over the last twenty years …
Persistent link: https://www.econbiz.de/10005419585
two emerging stock markets - Russia and China, because of their unique characteristics and performance in the past years …
Persistent link: https://www.econbiz.de/10005419590
We present a new composite leading indicator of economic activity in mainland China, es-timated using a dynamic factor …
Persistent link: https://www.econbiz.de/10005419594
features of China's extensive processing trade cause both the identification of imported intermediate goods, and their … intermediate goods imported into China. Vertical specialization is then estimated using two methods. The first method uses the … strong evidence of an Asian network of intermediate suppliers to China, and the two methods provide a range of estimates for …
Persistent link: https://www.econbiz.de/10005419600