To address the banking system’s non-performing loan (NPL) problem, the Chinese government set up four asset management … contributions to the AMCs from both the Ministry of Finance (MoF) and the People’s Bank of China (PBC). This raises the question of … flow pressures. In response, the Chinese government has offered investment banking business licenses as incentives for the …

After the Asian financial crisis of 1997/98, the Indonesian banking sector experienced significant changes. Ownership … structure of banking sector is substantially-changed. Currently, ownership of major commercial banks is dominated by foreign … (SMEs) is affected by foreign capital entry into the Indonesian banking sector. Empirical results show that banks owned by …

trend of bank efficiency after China's entry to WTO in 2001. The improvement of bank efficiency is most prominent for the …

Just when China’s leaders receive conflicting signals of “overheating” and “below-potential growth”, they encounter … challenges have their roots in China’s inadequate marketization and continued discrimination against the domestic private sector … themselves into nonperforming loans. In partially-reformed China, public-directed investments via the state enterprises tend to …

efficiency specifications, our proposal reflects the real banking technology and accurately models the relationship between …

This paper links banking with asset prices in a monetary macroeconomic model. The main innovation is to consider how … falling asset prices affect the banking system through wide-spread borrower default, while deriving explicit solutions and …-linear, and involves feedback from the banking system in the form of a credit contraction. When borrowers repay, the effect …

This paper links banking with asset prices in a monetary macroeconomic model. The main innovation is to consider how … falling asset prices affect the banking system through wide-spread borrower default, while deriving explicit solutions and …-linear, and involves feedback from the banking system in the form of credit contraction. When borrowers repay, the effect ‘passes …