Based on Chinese city-level data from 1999 to 2012 and controlling for geological, environmental, and social diversity, this study suggests that credit plays a significant role in driving up house prices after the Great Recession, whereas property prices only influence bank lending before 2008....

The global financial crisis in 2008-09 has caused great turmoil in the banking sectors of the developed world. As a result, the importance of banks from developing economies, represented by BRIC banks, in the global banking market is rising. This paper investigates bank performance and its...