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Market Phoenixes and Banking Ducks Are Recoveries Faster in Market-Based Financial Systems?
Allard, Julien - 2011
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
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Financial structures and economic outcomes : an empirical analysis
Gole, Tom; Sun, Tao - 2013
Persistent link: https://www.econbiz.de/10009756798
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A modern history of fiscal prudence and profligacy
Mauro, Paolo; Romeu, Rafael; Binder, Ariel; Zaman, Asad - 2013
We draw on a newly collected historical dataset of fiscal variables for a large panel of countries—to our knowledge, the most comprehensive database currently available—to gauge the degree of fiscal prudence or profligacy for each country over the past several decades. Specifically, our...
Persistent link: https://www.econbiz.de/10012671014
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Financial Structures and Economic Outcomes : An Empirical Analysis
Gole, Tom - 2013
nontraditional bank intermediation or that has a high proportion of foreign banks has in some cases been associated with adverse …
Persistent link: https://www.econbiz.de/10014395179
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Nonperforming Loans in the GCC Banking System and their Macroeconomic Effects
Espinoza, Raphael A. - 2010
According to a dynamic panel estimated over 1995 - 2008 on around 80 banks in the GCC region, the NPL ratio worsens as economic growth becomes lower and interest rates and risk aversion increase. Our model implies that the cumulative effect of macroeconomic shocks over a three year horizon is...
Persistent link: https://www.econbiz.de/10014397414
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Coping with falling oil prices : the different fortunes of African banks
Gueye, Cheikh; Mbelu, Asithandile; Sy, Amadou N. R. - 2019
This paper studies the impact of declining oil prices on banks in sub-Saharan African oil-exporting countries. Results indicate that banks respond differently to an oil shock depending on their ownership: (i) domestic banks are the most adversely impacted and experience a deterioration in asset...
Persistent link: https://www.econbiz.de/10012102206
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Market-Based Structural Top-Down Stress Tests of the Banking System
Chan-Lau, Jorge A. - 2013
presents a market-based structural top-down stress testing methodology that relies in market-based measures of a bank …
Persistent link: https://www.econbiz.de/10014395258
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Banking Sector Integration and Competition in CEMAC
Vacher, Jérôme - 2007
''Afrique Centrale (CEMAC) and the level of bank competition at the regional level. Using a mix of quantitative and qualitative … excess liquidity in the region. Other data also indicate that bank competition within the CEMAC as a region is limited …
Persistent link: https://www.econbiz.de/10014403007
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Asymmetric Information and the Market Structure of the Banking Industry
Dell'Ariccia, Giovanni - 1998
The paper analyzes the effects of informational asymmetries on the market structure of the banking industry in a multi-period model of spatial competition. All lenders face uncertainty with regard to borrowers’ creditworthiness, but, in the process of lending, incumbent banks gather...
Persistent link: https://www.econbiz.de/10014399942
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Italy : Assessing Competition and Efficiency in the Banking System
International Monetary Fund - 2007
The paper assesses the degree of banking competition and efficiency in Italy?over time as well as compared to that in other countries, such as France, Germany, Spain, the United Kingdom, and the United States. The paper finds competition in the Italian banking sector has intensified in loan and...
Persistent link: https://www.econbiz.de/10014400137