Showing 1 - 10 of 49
decrease of bank lending after the Lehman Brothers collapse …
Persistent link: https://www.econbiz.de/10013121273
In this paper, we identify initial macroeconomic and financial market conditions that help explain the distinct response of the real economy of a particular country to the recent global financial crisis. Using four measures of crisis severity, we examine a data set with over 90 potential...
Persistent link: https://www.econbiz.de/10013065140
A cornerstone of the Chinese growth model has been the opening up of its economy to private competition. Some observers claim that China has changed course since joining the WTO by increasingly promoting ‘state capitalism', the large State Owned Enterprises, thereby compromising a growth model...
Persistent link: https://www.econbiz.de/10013066346
We study the renminbi (RMB) covered interest differential – an indicator of the effectiveness of capital controls. It is found that the differential is not shrinking over time and, in fact, appears larger after the global financial crisis than before. That is, capital controls in China are...
Persistent link: https://www.econbiz.de/10013076270
Chinese authorities have traditionally relied mainly on administrative and quantitative measures in conducting monetary policy, with interest rates playing a less prominent role. Additional support for this view resides in a number of earlier studies that have found that the impact of interest...
Persistent link: https://www.econbiz.de/10012724696
This paper examines how the introduction of deposit insurance influences the relationship between bank capital and …, Russia, provides a natural experiment to investigate this issue. We study three alternative measures of bank liquidity … insurance scheme exerts a limited impact on the relationship between bank capital and liquidity creation and does not change the …
Persistent link: https://www.econbiz.de/10013136346
Conventional wisdom in banking argues that diversification tends to reduce bank risk and improve performance, but the … to benefit more from being diversified. This analysis provides important strategic and policy implications for bank …
Persistent link: https://www.econbiz.de/10013139765
We propose a generic oligopsony-oligopoly model to study bank behavior under uncertainty in developing countries. We …
Persistent link: https://www.econbiz.de/10013066641
present on the borrowers' side; it is estimated that about half of state-owned commercial bank lending still goes to state …
Persistent link: https://www.econbiz.de/10013066988
This paper contributes to the debate on the effect of capital requirements on bank efficiency. We study the relation … between capital ratio and bank efficiency for Chinese banks over the period 2004−2009, taking advantage of the profound … which depends to an extent on the bank's ownership type. Our results therefore suggest that capital requirements can improve …
Persistent link: https://www.econbiz.de/10013072319