Showing 1 - 10 of 534
Persistent link: https://www.econbiz.de/10009486189
Do financial sector reforms necessarily result in expansion of credit to the private sector? How does bank ownership … Indian experience with liberalization of the financial sector to inform this debate. Using bank-level data from 1991-2007, we …
Persistent link: https://www.econbiz.de/10014402207
Recoveries vary considerably across countries: our paper compares recoveries in bank-based and market-based economies … and finds that market-based economies experience significantly and durably stronger rebounds than the bank-based ones (in … particular the more bank-based economies of continental Europe). Further, stronger recoveries also tend to be associated with …
Persistent link: https://www.econbiz.de/10014398329
Financial sector reform in the Baltic countries is reviewed in light of the banking crises that emerged during the reform period. It is argued that the crises had their roots in the structural deficiencies specific to planned economies and the financial environment that developed before and...
Persistent link: https://www.econbiz.de/10014398351
This paper examines the impact of financial depth on macroeconomic volatility using a dynamic panel analysis for 110 advanced and developing countries. We find that financial depth plays a significant role in dampening the volatility of output, consumption, and investment growth, but only up to...
Persistent link: https://www.econbiz.de/10012671037
presence on bank stability is positive on average but insignificant in some specifications …
Persistent link: https://www.econbiz.de/10014400786
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/10014399949
indicators of credit risk and bank soundness are primarily influenced by macroeconomic and macroprudential factors and that the …
Persistent link: https://www.econbiz.de/10014400104
afterward in Russia and other former Soviet Union countries. Before the crisis a banking failure arose owing to the coexistence … bank to nonbank finance, including trade credits and barter trade, generating an externality on banks'' interest rates. The …
Persistent link: https://www.econbiz.de/10014404142
Persistent link: https://www.econbiz.de/10009487107