Showing 1 - 10 of 14
Capitalizing on recent improvements in the availability of cross-country financial sector data, this paper proposes a standard methodology for benchmarking the policy component of financial development. Systematic controls are introduced to isolate main structural country characteristics and a...
Persistent link: https://www.econbiz.de/10012552427
This paper introduces the updated and expanded version of the Financial Development and Structure Database and presents recent trends in structure and development of financial institutions and markets across countries. The authors add indicators on banking structure and financial globalization....
Persistent link: https://www.econbiz.de/10012551886
countries. They focus on the respective role of government and the private sector and different pricing and risk reduction tools … and management, but less so in risk assessment and recovery. There is a surprisingly low use of risk-based pricing and … limited use of risk management mechanisms. …
Persistent link: https://www.econbiz.de/10012552206
enterprises (SMEs) around the world. They find that banks perceive the SME segment to be highly profitable, but perceive … have set up dedicated departments and decentralized the sale of products to the branches. However, loan approval, risk …
Persistent link: https://www.econbiz.de/10012552217
Financial sector development fosters economic growth and reduces poverty by widening and broadening access to finance and allocating society's savings more efficiently. The author first discusses three pillars on which sound and efficient financial systems are built: macroeconomic stability and...
Persistent link: https://www.econbiz.de/10012553681
thus dampens the negative effect that deposit insurance has on banks' risk taking. …
Persistent link: https://www.econbiz.de/10012553743
Using information from 193 banks in 58 countries, the authors develop and analyze indicators of physical access, affordability, and eligibility barriers to deposit, loan, and payment services. They find substantial cross-country variation in barriers to banking and show that in many countries...
Persistent link: https://www.econbiz.de/10012553900
The authors examine whether financial development boosts the growth of small firms more than large firms and hence provides information on the mechanisms through which financial development fosters aggregate economic growth. They define an industry's technological firm size as the firm size...
Persistent link: https://www.econbiz.de/10012553939
The authors (1) present new indicators of banking sector penetration across 99 countries based on a survey of bank regulatory authorities, (2) show that these indicators predict household and firm use of banking services, (3) explore the association between the outreach indicators and measures...
Persistent link: https://www.econbiz.de/10012554209
The importance of life insurance companies as part of the financial sector has significantly increased over the past decades, both as provider of important financial services to consumers and as a major investor in the capital market. However, the authors still observe a large variance in life...
Persistent link: https://www.econbiz.de/10012559548