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The Former Yugoslav Republic of Macedonia (FYROM) belongs to the transition economies that have witnessed significant structural changes in their domestic markets during the 2000s. We examine the evolution of the banking competition from 2003 until 2011, covering the first period of economic...
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This paper investigates how financial, trade, institutional and political liberalization policies have affected …: (1) with the exception of the economic freedom mechanism, liberalization policies have generally decreased the growth of … economic freedom channels, liberalization policies have been fruitful for semi-formal financial development at the cost of …
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The goal of this study is to identify empirically how country-level development, taking into account the financial and macroeconomic environment, affect the risk profiles of the banking sector in Europe. Through a dataset that covers 3,399 European banks spanning the period 1996-2011, and the...
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