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Central Bank (BDCB) and the structure of the financial sector of Brunei Darussalam are presented. Lastly, the paper discusses …
Persistent link: https://www.econbiz.de/10013380870
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
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
granular effects: if markets are very concentrated in terms of the size distribution of banks, idiosyncratic shocks at the bank … of itself, and it may also influence concentration in banking and thus the impact of bank-specific shocks for the … 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
aggregate and bank-level data. The main findings show that the amplitude of the real business cycle was becoming smaller during …
Persistent link: https://www.econbiz.de/10009540104
and firms use non-bank finance, including trade credits and barter trade, to finance production. The banking failure …
Persistent link: https://www.econbiz.de/10011514178
This paper attempts to reconcile the apparent contradiction between two strands of the literature on the effects of financial intermediation on economic activity. On the one hand, the empirical growth literature finds a positive effect of financial depth as measured by, for instance, private...
Persistent link: https://www.econbiz.de/10011409380
This paper offers a meta-regression analysis of the literature on the drivers of financial development. Our results based on 1900 estimates suggest that institutional quality is positively correlated to both private sector credit and stock market capitalization (both as share of GDP). Domestic...
Persistent link: https://www.econbiz.de/10012229266
We examine the impact of various dimensions of financial reform on the likelihood of systemic and non-systemic banking crises. Using new financial reform measures for a large sample of developing and developed countries for the period 1973 to 2002, our multivariate probit modeling results...
Persistent link: https://www.econbiz.de/10003922715
not change their risk exposure. -- FAVAR ; bank risk taking ; macro-finance linkages ; monetary policy ; commercial …
Persistent link: https://www.econbiz.de/10009011303