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, Russia, provides a natural experiment to investigate this issue. We study three alternative measures of bank liquidity …
Persistent link: https://www.econbiz.de/10008694566
The aim of this paper is to analyze bank competition in Russia by measuring the market power of Russian banks and its … power for state-controlled banks nor less market power for foreign-owned banks. Finally, our analysis of the determinants of …
Persistent link: https://www.econbiz.de/10010827707
authorities in an electoral autocracy like Russia can influence lending of both private and state-owned banks for political …State-owned banks tend to increase lending before elections for the purpose of boosting the re-election odds of … both state-owned and private banks increased their lending before presidential elections. This result stands for all loans …
Persistent link: https://www.econbiz.de/10012614230
Russia has witnessed a high number of bank failures over the last two decades. Using monthly data for 2002 … provide mixed evidence that political cycles matter for the occurrence of bank failures in Russia. …
Persistent link: https://www.econbiz.de/10013408687
There has been a notable debate in the banking literature on the impact of bank competition on financial stability. While the dominant view sees a detrimental impact of competition on the stability of banks, this view has recently been challenged by Boyd and De Nicolo (2005) who see the reverse...
Persistent link: https://www.econbiz.de/10004998789
This paper investigates stock market reaction to debt arrangements in Russia. The analysis of the valuation of debt …
Persistent link: https://www.econbiz.de/10008483927
This paper investigates stock market reaction to debt arrangements in Russia. The analysis of the valuation of debt …
Persistent link: https://www.econbiz.de/10008492682
The aim of this paper is to analyze bank competition in Russia by measuring the market power of Russian banks and its …. Furthermore, we find no greater market power for state-controlled banks nor less market power for foreign-owned banks. We would …
Persistent link: https://www.econbiz.de/10008540684
There has been a notable debate in the banking literature on the impact of bank competition on financial stability. While the dominant view sees a detrimental impact of competition on the stability of banks, this view has recently been challenged by Boyd and De Nicolo (2005) who see the reverse...
Persistent link: https://www.econbiz.de/10008550406
The aim of this paper is to analyze bank competition in Russia by measuring the market power of Russian banks and its …. Furthermore, we find no greater market power for state-controlled banks nor less market power for foreign-owned banks. We would …
Persistent link: https://www.econbiz.de/10008550407