Showing 1 - 10 of 439
This study considers the efficiency of banking in Australia during the post-deregulation period 1988-2001. Since 1986 …
Persistent link: https://www.econbiz.de/10011514045
regulation on the probability of a crisis. We test this relationship by applying a Probit model of a non-linear specification to …: it rises as regulation stringency moves from low to medium levels and falls from medium to high levels. Countries located …
Persistent link: https://www.econbiz.de/10012030889
We examine the impact of various dimensions of financial reform on the likelihood of systemic and non-systemic banking … 2002, our multivariate probit modeling results suggest that conditional on adequate banking supervision, certain dimensions … likelihood of non-systemic crisis increases after financial reform. -- banking crises ; financial reform ; financial fragility …
Persistent link: https://www.econbiz.de/10003922715
measure of financial liberalization, we focus on the history of interstate-banking deregulation during the 1980s, i.e. prior … of deregulation: in states that opened their banking markets to out-of-state banks earlier, house prices were more …
Persistent link: https://www.econbiz.de/10010515411
We study the efficiency of banking regulation under financial integration. Banks freely choose the jurisdiction where …
Persistent link: https://www.econbiz.de/10011458020
The paper analyzes a very stylized model of crises and demonstrates how the degree of strategic complementarity in the actions of investors is a critical determinant of fragility. It is shown how the balance sheet composition of a financial intermediary, parameters of the information structure...
Persistent link: https://www.econbiz.de/10009230899
financing, especially long-term lending. -- small and medium enterprises, bank finance, financial constraints, banking market … structure, institutional factors, regulation, competition …
Persistent link: https://www.econbiz.de/10003850504
This paper studies the impact of a financial transactions tax on a financial market where financial institutions trade with each other. Assets are marked to the market and financial institutions with negative equity are forced out of business. There are two main results: First, if all banks have...
Persistent link: https://www.econbiz.de/10009571254
This paper seeks to understand the interplay between banks, bank regulation, sovereign default risk and central bank … in other "safe" countries will impose tighter regulation. As a result, governments in risky countries get to borrow more …
Persistent link: https://www.econbiz.de/10009786077
Bank distress can have severe negative consequences for the stability of the financial system, the real economy, and public finances. Regimes for restructuring and restoring banks financed by bank levies and fiscal backstops seek to reduce these costs. Bank levies attempt to internalize systemic...
Persistent link: https://www.econbiz.de/10010257339