; nevertheless, it proves an insignificant effect among them. It also shows that the lower the level of bank competition, the lower … the level of bank risk taking, and the better the level of financial stability. It further found that market competition … and bank ownership structure had a homogenous effect on financial stability when looking at the impact of competition and …

derivative data in growth estimates. Beyond the most recent Wacthel and Rousseau (2010) evidence which documents the interruption … of the positive finance-growth relationship after 1989, we show that bank assets contribute indeed negatively, while OTC … derivative positively or insignificantly with a much smaller effect in magnitude. At the same time the impact of the crisis is …