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The analysis highlights the aspects of diversified market structures and of local, low-distance banking as advantageous … for financial stability. Heterogeneity protects from uniform market behaviour. Local banking can better overcome the … regionally focussed credit institutions. So it seems that the process of re-intermediation and re-directing banking business back …
Persistent link: https://www.econbiz.de/10012153544
) leading to efficiency gains in the banking market. Our findings suggest that the more frequent bank failures occurring in a …We exploit the introduction of free banking laws in US states during the 1837-1863 period to examine the impact of … removing barriers to bank entry on bank competition and economic growth. As governments were not concerned about systemic …
Persistent link: https://www.econbiz.de/10010227307
statistically significant). Looking at financial instability, the paper finds that banking crises predict increases in state …-ownership but that there is no evidence that high state-ownership predicts banking crises. Focusing on bank performance, the paper …
Persistent link: https://www.econbiz.de/10012590347
credit bureaus, redirecting banking regulation toward the protection of borrowers in long-term credit relationships, and …
Persistent link: https://www.econbiz.de/10010532087
This paper examines the impacts of banking market structure and regulation on economic growth using new data on banking … manufacturing sector was expanding rapidly and restrictive branching laws segmented the U.S. banking system geographically. Unlike … studies of developing and developed countries today, we find that banking market concentration generally had a positive impact …
Persistent link: https://www.econbiz.de/10013115288
developing local currency capital markets, would help enhance financial systems' efficiency and promote intermediation in the …
Persistent link: https://www.econbiz.de/10013085995
financial systems' efficiency and promote intermediation in the region …
Persistent link: https://www.econbiz.de/10013001361
Using administrative account level data, we study the largest financial inclusion program in India that led to 255 million new bank account openings. About 77% of these accounts maintain a positive balance. While the initial usage remains quite infrequent, it gradually converges to that of...
Persistent link: https://www.econbiz.de/10012964578
developing countries. This paper examines the impact of banking sector liberalization on long-term economic growth in Pakistan by … relationship between banking sector development and economic growth in the country. The sensitivity analysis also shows that the …, our findings support the core idea that banking sector development stimulates long term economic growth in a country …
Persistent link: https://www.econbiz.de/10012896518
The purpose of this paper is to investigate whether bank capital strength and external auditing requirements influenced international stock market stability during the 2007/2008 global financial crisis. Bank mandatory regulation data are obtained from the World Bank database, while stock market...
Persistent link: https://www.econbiz.de/10012826695