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This paper analyzes the development of the banking sector in European transition countries. We find that, although bank … major players in the financial system of these countries. However, foreign bank presence and financial development in … than domestic banks. Furthermore, it appears that foreign and domestic bank performance tend to converge. …
Persistent link: https://www.econbiz.de/10011404323
a large amount of bank loans to local governments through the local government financing vehicles (LGFVs). This allows … form of higher loan to GDP ratio leads to lower economic growth rate. We find that discrimination in bank lending, housing …
Persistent link: https://www.econbiz.de/10013337564
rate of growth of capital asset or income whether source of borrowing is bank or money lender. This is then formalized in a …
Persistent link: https://www.econbiz.de/10011952114
The transitional economies of Eastern Europe (EE) and the former Soviet Union (FSU) experienced a dramatic increase in income inequality in the 1990s. In this paper I investigate the causes of unprecedented changes in income distribution using a unique panel of inequality estimates for 24...
Persistent link: https://www.econbiz.de/10011410420
Central Bank (BDCB) and the structure of the financial sector of Brunei Darussalam are presented. Lastly, the paper discusses … the major prospects and challenges faced by the banking sector as well as the recommendations. The analysis of the … study period compared to its most ASEAN and GCC countries. The efficiency of banking sector, on an average, remained at a …
Persistent link: https://www.econbiz.de/10013380870
Persistent link: https://www.econbiz.de/10003377261
This paper focuses on the role of institutions in poverty alleviation, where both poverty and institutions are interpreted broadly. The broadening of the poverty notion is important at least from the policy perspective. Even if one were convinced that higher growth would reduce income poverty to...
Persistent link: https://www.econbiz.de/10011400868
of itself, and it may also influence concentration in banking and thus the impact of bank-specific shocks for the … granular effects: if markets are very concentrated in terms of the size distribution of banks, idiosyncratic shocks at the bank … micro-macro panel dataset. Our research has three main findings: First, bank-level shocks significantly impact on GDP …
Persistent link: https://www.econbiz.de/10009786228
, to student enrollment in STEM degrees, and to the riskiness, efficiency, and competitiveness of banking sectors. Overall …
Persistent link: https://www.econbiz.de/10011794229
We revisit the relationship between financial development and economic growth in a panel of 52 middle income countries over the 1980-2008 period, using pooled mean group estimator in a dynamic heterogeneous panel setting. We show that financial development does not have a linear positive...
Persistent link: https://www.econbiz.de/10010340261