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This paper revisits trends in bank privatization and analyzes their economic impact over the past 25 years. Building on … a novel data set of privatization events for 70 developed and developing countries, it shows that bank privatization … smaller in that the fraction of a bank's ownership relinquished during privatization events declined. The majority of …
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Theory suggests that the effect of banking market concentration on financial stability is mediated by several competing variables. Using a sample of 68 countries from 1997 to 2015, this paper proposes a unified empirical framework to test for the simultaneous presence and impact of the mediators...
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