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The 2007 meltdown in structured securitization : searching for lessons, not scapegoats
Caprio, Gerard - 2008
"The intensity of recent turbulence in financial markets has surprised nearly everyone. This paper searches out the root causes of the crisis, distinguishing them from scapegoating explanations that have been used in policy circles to divert attention from the underlying breakdown of incentives....
Persistent link: https://www.econbiz.de/10010521003
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Financial dependence, banking sector competition, and economic growth
Claessens, Stijn - 2005
Claessens and Laeven first estimate for 16 countries a measure of banking system competition based on industrial organization …' banking systems allows financially dependent industries to grow faster. These results are robust under a variety of tests. The … in banking"--World Bank web site …
Persistent link: https://www.econbiz.de/10010522717
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Can the unsophisticated market provide discipline?
Caprio, Gerard - 2004
banking business in low-income countries; (2) the growing internationalization of these markets through the presence of …
Persistent link: https://www.econbiz.de/10010522970
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What drives bank competition? : some international evidence
Claessens, Stijn - 2003
Persistent link: https://www.econbiz.de/10010523323