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Generalised Method of Moments, public credit registries decrease loan price. With instrumental Quantile Regressions, two main … findings are established. Public credit registries consistently decrease the price of loans whereas private credit bureaus … consistently have the opposite effect. Public credit registries increase loan quantity in bottom quintiles (or banks associated …
Persistent link: https://www.econbiz.de/10011638885
Africa and hence, the need for the study to assess the effectiveness of banking system credit in curbing unemployment rate by … relationship between the variables. The major findings revealed that banking system credit matters in curbing unemployment rate in … relationship between banking system credit and unemployment rate have focused much on other regions such as Asia and Europe. Thus …
Persistent link: https://www.econbiz.de/10013269646
This study examines the effect of regulatory independence of the central bank in shaping the impact of electoral cycles on bank lending behaviour in Africa. It employs the dynamic system Generalized Method of Moments (SGMM) Two-Step estimator for a panel dataset of 54 African countries over the...
Persistent link: https://www.econbiz.de/10014514254
This study examines the effect of foreign bank assets and presence on banking stability in the economies with strong and weak country-level corporate governance in Africa between 2006 and 2015. Employing a Prais-Winsten panel data model on 86 banks in about 30 African economies, the findings on...
Persistent link: https://www.econbiz.de/10012496937
investment depends on the measure of financial sector development utilised, (2) domestic credit to the private sector has a … banks to transform deposits into credit) and broad money supply negatively and significant influence domestic investment, (3 … countries, and (4) domestic credit to the private sector Granger causes domestic investment in ECOWAS. The study recommends …
Persistent link: https://www.econbiz.de/10012242074
Purpose - The study extends the debate on finance versus institutions in the promotion of investment documented by Acemoglu and Johnson (2005), Ali (2013) and Asongu (2014). We assess the effects of various components of governance on private investment, notably: political, economic and...
Persistent link: https://www.econbiz.de/10011417473
This study complements existing literature by investigating how investment-driven finance affects inequality in Africa. The empirical evidence is based on restricted and unrestricted Two-Stage Least Squares and a pre-crisis periodicity (1980-2002). Inequality is measured with estimated household...
Persistent link: https://www.econbiz.de/10011417474
low, intermediate and high levels of financial development. Information sharing is measured with private credit bureaus … (PCB) and public credit registries (PCR) while financial development is proxied with dynamics of depth, efficiency …
Persistent link: https://www.econbiz.de/10011417477
This study investigates the relationship between social trust and intelligence. The extreme bound analysis of Levine and Renelt is employed to directly assess the strength of the nexus. The findings confirm the positive and robust nexus between social trust and intelligence. We have contributed...
Persistent link: https://www.econbiz.de/10011440570
from private credit bureaus. Second, in GMM, public credit registries increase market power. Third, from Quintile … Regressions, private credit bureaus consistently increase market power throughout the conditional distributions of market power … increased. The extended findings show a: (i) negative net effect from public credit registries on market power in GMM …
Persistent link: https://www.econbiz.de/10011530068