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efforts to supervise and guarantee bank solvency. African depositors face high costs for mitigating the loss exposures that …
Persistent link: https://www.econbiz.de/10012763268
This paper outlines a set of financial policies that can help make financial crises less likely in emerging market countries. To justify these policies, the paper first explains what a financial crisis is, the factors that promote a financial crisis and the dynamics of a financial crisis. It...
Persistent link: https://www.econbiz.de/10013248397
-existent, under-developed or emerging regulatory oversight, notably Africa. This paper assesses the quality of 1470 antibiotic and … tuberculosis drug samples that claim to be made in India and were sold in Africa, India, and five mid-income non-African countries … distribution of these substandard products is not random: they are more likely to be found as unregistered products in Africa than …
Persistent link: https://www.econbiz.de/10013312516
We study the transmission of sovereign debt inflow shocks on domestic firms. We exploit episodes of large sovereign debt inflows in six emerging countries that are due to the announcements of these countries' inclusion in two major local-currency sovereign debt indexes. We show that these...
Persistent link: https://www.econbiz.de/10013289107
the effect of a state's interstate banking regulation on the level and structure of bank CEO compensation. Using panel …
Persistent link: https://www.econbiz.de/10013125319
the area that would eventually become the Manufacturing Belt. Using a new bank census, the paper shows that these changes …
Persistent link: https://www.econbiz.de/10013087050
In this paper and the associated online database, we provide new data and measures of bank regulatory and supervisory … questions, including information on permissible bank activities, capital requirements, the powers of official supervisory … performance of banking systems. Since the underlying surveys are large and complex, we construct summary indices of key bank …
Persistent link: https://www.econbiz.de/10013087792
-Steagall Act forced the banks to leave the securities business: as an internal securities department within the bank and as a … lending and underwriting were closely combined in the departmental structure. We find evidence that bank managers during this … effectiveness of a firm. They also suggest that bank regulators' interest in 'firewalls' between commercial and investment banking …
Persistent link: https://www.econbiz.de/10012774993
This paper explains that financial safety nets exist because of difficulties in enforcing contracts and shows that elements of deposit-insurance schemes differ substantially across countries. It argues that differences in the design of financial safety nets correlate significantly with...
Persistent link: https://www.econbiz.de/10012787749
Bank balance sheet lending is commonly viewed as the predominant form of lending. We document and study two margins of … document the limits of the shadow bank substitution margin: shadow banks substitute for traditional—deposit-taking—banks in … quantitative consequences of several policies on lending volume and pricing, bank stability, and the distribution of consumer …
Persistent link: https://www.econbiz.de/10012909515