Showing 1 - 10 of 1,043
, consistent with theories of banking arguing that competition may reduce the availability of credit to informationally opaque …
Persistent link: https://www.econbiz.de/10005826289
An endogenous growth model with financial intermediation demonstrates how deposit insurance and prudential regulatory … forbearance lead to banking crises and growth declines. The model assumptions are based on features of the Japanese financial … system and regulation. The model demonstrates how banking and growth crises can evolve under perfect foresight. The dynamics …
Persistent link: https://www.econbiz.de/10005769310
Recent developments have increased questions about vulnerabilities in Central and Eastern European Countries (CEE) that are experiencing credit booms. This paper analyzes the role of foreign-owned banks in these credit booms. The results show that the CEE countries depend on foreign banks, and...
Persistent link: https://www.econbiz.de/10005769320
This paper empirically estimates the main determinants of bank credit growth during the 2008 financial crisis. Using a sample covering over 80 countries, this paper finds that larger bank credit booms prior to the crisis and lower GDP growth of trading partners are among the most important...
Persistent link: https://www.econbiz.de/10008519493
This paper studies the link between financial development and economic growth in the West African Economic and Monetary Union (WAEMU). Using panel data for WAEMU countries over the period 1995-2006, the results suggest that while financial development does support growth in the region, long-term...
Persistent link: https://www.econbiz.de/10008533240
This paper formally identifies an important role of banks: Banks competitively internalize production externalities and facilitate economic growth. I formulate a canonical growth model with externalities as a game among consumers, firms, and banks. Banks compete for deposits to seek monopoly...
Persistent link: https://www.econbiz.de/10005605189
analytical angles. First, it finds that, similar to other regions and to its past history, a credit boom preceded the current …
Persistent link: https://www.econbiz.de/10008671284
impaired financial intermediation is the culprit. Creditless recoveries are more common after banking crises and credit booms …
Persistent link: https://www.econbiz.de/10008876578
banking sector also matters. Finally, we discuss some policy lessons. …
Persistent link: https://www.econbiz.de/10008876590
This study finds that equity returns in the banking sector in the wake of the Great Recession and the European … deteriorating funding conditions and investor sentiment. While the equity return performance in the banking sector has been dismal …
Persistent link: https://www.econbiz.de/10011142021