Narrow search
Showing 1 - 10 of 280
Cover Image
Too Cold, Too Hot, or Just Right? Assessing Financial Sector Development Across the Globe
Barajas, Adolfo - 2013
This paper introduces the concept of the financial possibility frontier as a constrained optimum level of financial development to gauge the relative performance of financial systems across the globe. This frontier takes into account structural country characteristics, institutional, and...
Persistent link: https://www.econbiz.de/10013082924
Cover Image
What Matters for Financial Development and Stability?
Almarzoqi, Raja - 2015
This study aims to identify policies that influence the development of financial institutions as measured across three dimensions: depth, efficiency, and stability. Applying the concept of the financial possibility frontier, developed by Beck & Feyen (2013) and formalized by Barajas et al...
Persistent link: https://www.econbiz.de/10013015608
Cover Image
Dollarization and Financial Development
Bannister, Geoffrey J. - 2018
Despite significant strides in financial development over the past decades, financial dollarization, as reflected in elevated shares of foreign currency deposits and credit in the banking system, remains common in developing economies. We study the impact of financial dollarization,...
Persistent link: https://www.econbiz.de/10012909419
Cover Image
How to De-Dollarize Financial Systems in the Caucasus and Central Asia?
Ben Naceur, Sami - 2015
Dollarization rates in the Caucasus and Central Asia (CCA) region are among the highest in the world, with adverse consequences for macroeconomic stability, monetary policy transmission, and financial sector development. Using dynamic panel data models, we find that foreign exchange deposits and...
Persistent link: https://www.econbiz.de/10013013812
Cover Image
Financial Development and Inclusion in the Caribbean
Li, Chuan - 2018
Many Caribbean financial systems are relatively well developed for their size but benefits are concentrated in a small part of the population. In several large countries, the financial development levels are below what is warranted by that country's own macroeconomic fundamentals. SMEs, in...
Persistent link: https://www.econbiz.de/10012922629
Cover Image
Financial Development, Inequality and Poverty : Some International Evidence
Ben Naceur, Sami - 2016
This paper provides evidence on the link between financial development and income distribution. Several dimensions of financial development are considered: financial access, efficiency, stability, and liberalization. Each aspect is represented by two indicators: one related to financial...
Persistent link: https://www.econbiz.de/10012996071
Cover Image
Cyber Risk, Market Failures, and Financial Stability
Kopp, Emanuel - 2017
Cyber-attacks on financial institutions and financial market infrastructures are becomingmore common and more sophisticated. Risk awareness has been increasing, firms activelymanage cyber risk and invest in cybersecurity, and to some extent transfer and pool theirrisks through cyber liability...
Persistent link: https://www.econbiz.de/10012948520
Cover Image
Advancing Financial Development in Latin America and the Caribbean
Heng, Dyna - 2016
This paper examines the state of financial development in the Latin America and Caribbean (LAC) region as well as potential growth and stability implications from further development. The analysis suggests that access to financial institutions has expanded notably in the past decade, and the...
Persistent link: https://www.econbiz.de/10012982424
Cover Image
Financial Development and Growth in the Caucasus and Central Asia
Poghosyan, Tigran - 2022
This paper presents stylized facts on financial development in the CCA countries relative to their EM and LIC peers and assesses how financial development can boost growth in the CCA. Drawing on IMF’s multidimensional index of financial development, we find that CCA countries have made...
Persistent link: https://www.econbiz.de/10014030320
Cover Image
Bank Profitability and Financial Stability
Xu, TengTeng - 2019
We analyze how bank profitability impacts financial stability from both theoretical and empirical perspectives. We … first develop a theoretical model of the relationship between bank profitability and financial stability by exploring the … empirical determinants of bank risks and profitability, and how the level and the source of bank profitability affect risks for …
Persistent link: https://www.econbiz.de/10012892910