Showing 411 - 420 of 439
This article introduces a large new cross-country database, the database of political institutions. It covers 177 countries over 21 years, 1975-95. The article presents the intuition, construction, and definitions of the different variables. Among the novel variables introduced are several...
Persistent link: https://www.econbiz.de/10012563993
Persistent link: https://www.econbiz.de/10015406445
A country's legal origin—whether British, French, German, or Scandinavian—helps explain the development of its financial institutions today. Legal systems differ in their ability to facilitate private exchanges and to adapt to support new financial and commercial transactions. A country...
Persistent link: https://www.econbiz.de/10010524048
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
Using a unique firm-level survey data base, covering fifty four countries, the authors investigate whether different financial, legal, and corruption issues that firms report as constraints, actually affect their growth rates. The results show that the extent to which these factors constrain a...
Persistent link: https://www.econbiz.de/10012559546
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
Theory makes ambiguous predictions about the effects of bank concentration on access to external finance. Using a unique data base for 74 countries of financing obstacles and financing patterns for firms of small, medium, and large size, the authors assess the effects of banking market structure...
Persistent link: https://www.econbiz.de/10012573238