Showing 1 - 10 of 2,448
This paper examines the implications of foreign bank penetration on economic growth from the perspective of resource … allocation in host countries. We use aggregate banking data, constructed from bank-level balance sheets and income statement … effect of gross fixed capital formation on output growth is higher in an economy with a more pronounced level of foreign bank …
Persistent link: https://www.econbiz.de/10009372576
We report evidence that bank liquidity ratios (liquid assets as a percentage of total assets) decrease during the … is into place: a one-unit increase in an index of securities market liberalization leads to a drop in the bank liquidity …
Persistent link: https://www.econbiz.de/10011112629
Economists may need to change their tools of analysis from analysing income and expenditure contributors (GDP) to asset value contributors -the net worth levels of individual households-. Assessment of the latter requires a balance sheet analysis. Why; because the level of individual...
Persistent link: https://www.econbiz.de/10011257702
This paper analyzes the effects of financial sector deepening on economic growth using a province-level data set for 1996-2001 on Turkey. This period is associated with a weakly regulated and relatively unsupervised expansion of the banking sector which led to the 2001 financial crisis. Contrary...
Persistent link: https://www.econbiz.de/10005621896
social strata. This paper analyzes the determinants of credit using an extensive bank level panel dataset. As relevant …
Persistent link: https://www.econbiz.de/10011210481
This paper addresses the following questions: which was the contribution of banks’assets to the US’ expansion in the period until the financial crisis? Did commercial banks respect capital requirements? The two questions are strictly interrelated as, according to a recent literature,...
Persistent link: https://www.econbiz.de/10011258987
The paper aims at investigating on the credit conditions experienced by Italian firms during the recent business cycle. In doing so, we use a novel dataset on firms’ opinions derived from the ISTAT Business Confidence surveys. The dataset allows us to add to existing literature in three...
Persistent link: https://www.econbiz.de/10011258989
This paper while emphasising the importance of the concept of financial stability in the wake of recent global financial crisis attempts to highlight the significance of the soundness of banking sector in emerging economies where banking sector constitutes a lion’s share in the financial...
Persistent link: https://www.econbiz.de/10011259894
Recent developments in Turkish derivatives markets demonstrate the increasing importance of risk management not only for individual banks but also for the entire system. In this context, this study analyzes the counterparty credit risk of OTC derivatives. The analysis is based on a hypothetical...
Persistent link: https://www.econbiz.de/10011259897
This paper examines empirically the role of bank market power as an internal factor influencing banks’ reaction in … sectors over the period 1997-2010. Market power is estimated at the bank-year level, using a method that allows the efficient … estimation of marginal cost of banks also at the bank-year level. The findings show that banks with even moderate levels of …
Persistent link: https://www.econbiz.de/10011260259