Showing 1 - 10 of 12
Well-functioning financial markets and banking institutions are usually considered to be a condition favourable to economic growth. The importance of bank efficiency and bank market concentration has also been the object of discussion, with the general belief that while they are of particular...
Persistent link: https://www.econbiz.de/10010599169
This paper provides empirical evidence of the financial integration of some developed countries, mostly in the European Union, covering the period between 1961 and 2008. The main contributions are to be found first, in the application of panel estimates and test statistics. particularly of some...
Persistent link: https://www.econbiz.de/10008752829
This paper contributes to the empirical investigation of the causality relations between real GDP growth and the growth of three debt categories, namely public, foreign and private debt, in the universe of the 28 European Union countries during the past decade. By using panel Granger causality...
Persistent link: https://www.econbiz.de/10010797795
This paper provides empirical evidence on the causality relations between bank performance and economic growth in a panel including 27 European Union member-states from 1996 through to the onset of the 2008 financial crisis. Bank performance is represented not only by the Return on Assets (ROA)...
Persistent link: https://www.econbiz.de/10010721133
Using static and dynamic panel estimates in a sample including all 28 European Union countries during the last decade, this paper seeks to improve upon the existing literature with empirical evidence on the important role that well-functioning EU banking institutions can play in promoting...
Persistent link: https://www.econbiz.de/10011194291
The relationships between bank market concentration and bank efficiency are of particular relevance in the European Union (EU), but they remain controversial. Using a panel Granger causality approach, this paper contributes to the literature, testing not only the causality running from bank...
Persistent link: https://www.econbiz.de/10009645607
The aim of this paper is to contribute to the relatively scarce published research on the relationship between European integration and banking efficiency. Estimating cost translog frontier functions for different panels of European Union countries for the time period 1994- 2008 we conclude that...
Persistent link: https://www.econbiz.de/10008853349
This paper seeks to contribute to the relatively scarce published research on the relationship between bank efficiency and European integration in the wake of the recent financial crisis. Using Stochastic Frontier Analysis and Data Envelopment Analysis approaches, the study estimates bank...
Persistent link: https://www.econbiz.de/10008853350
Using pooled panel OLS estimations and dynamic Arellano-Bond GMM estimations with quarterly data for 26 EU countries for the period from Q1 1999 to Q3 2006 this paper confirms the high degree of integration between the EU financial systems, as well as the importance of bank performance...
Persistent link: https://www.econbiz.de/10005593018
This paper confirms the importance of the financial systems behaviour conditions to the credit channel of monetary policy in the entire European Union (EU). It uses panel fixedeffect estimations and quarterly data for 26 EU countries for the period from Q1 1999 to Q3 2006 in an adaptation of the...
Persistent link: https://www.econbiz.de/10005593055