Showing 1 - 10 of 192
Bank profits are high in Sub-Saharan Africa (SSA) compared to other regions. This paper uses a sample of 389 banks in … 41 SSA countries to study the determinants of bank profitability. We find that apart from credit risk, higher returns on … assets are associated with larger bank size, activity diversification, and private ownership. Bank returns are affected by …
Persistent link: https://www.econbiz.de/10012677708
Stress testing is a useful and increasingly popular, yet sometimes misunderstood, method of analyzing the resilience of financial systems to adverse events. This paper aims to help demystify stress tests, and illustrate their strengths and weaknesses. Using an Excel-based exercise with...
Persistent link: https://www.econbiz.de/10005248151
bank tax, and the U.S. administration has revived its own proposal for such a charge. This paper considers the structure … for taxing bank borrowing, perhaps as an adjunct to minimum capital requirements, at marginal rates that rise quite … higher than those of the bank taxes so far adopted or proposed. …
Persistent link: https://www.econbiz.de/10009293766
costs associated with bank defaults. The distance-to-default, a widely used market-based measure of corporate default risk …
Persistent link: https://www.econbiz.de/10005825824
highlighted: (1) the level of bank capitalization; (2) the supervision and regulation of banks; (3) the structure of banking …
Persistent link: https://www.econbiz.de/10005826609
affect the likelihood and the timing of bank recovery. Severe regulatory measures increase both the likelihood of recovery … exit the market due to restructuring mergers. Our results remain intact, thus providing no evidence of "bad" bank selection … timing of recovery. Macroeconomic conditions also matter for bank recovery. Hence, concerted micro- and macro …
Persistent link: https://www.econbiz.de/10008519496
We provide systematic evidence on cartels' characteristics, using novel data on cases investigated by the French Competition Authority. These practices are widely spread across sectors and cartel members are typically among the top firms in their industries. In a model with heterogeneous firms...
Persistent link: https://www.econbiz.de/10015060394
many open economies, each with a banking system and a central bank operating under a pegged exchange rate regime. The … fragility of the banking system and the limited ability of a domestic central bank to provide international liquidity together …
Persistent link: https://www.econbiz.de/10005248186
This paper takes stock of the current state of development of the financial systems in five Central European transition economies (the Czech Republic, Hungary, Poland, the Slovak Republic, and Slovenia) that are also leading EU accession candidates. It presents both a progress report and an...
Persistent link: https://www.econbiz.de/10005248292
The paper examines the scope for cross-border spillovers among major EU banks using information contained in the stock prices and financial statements of these banks. The results suggest that spillovers within domestic banking systems generally remain more likely, but the number of significant...
Persistent link: https://www.econbiz.de/10005263655