Jing, Runtian; Li, Yao - In: The Service Industries Journal 31 (2008) 2, pp. 153-168
The sub-prime crisis has rejuvenated a public dialogue about the regulation of financial systems. This paper examines the impact of culture on the regulation of bank entry. Based on data from 53 countries, the paper's empirical estimations are inconsistent with the prediction of ‘public choice...