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facilities contributes positively and significantly to stability in the banking sector, leading to greater bank resilience …. As such, this paper examines the linkage between financial inclusion and financial market stability using a dataset of …
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This paper attempts to investigate empirically whether financial and macroeconomic stability of economies are … significantly affected by the structure of their financial systems, viz., bank-based and market-based structures. Using panel data … estimations based on data from 82 countries for the period of 1996-2012, we find that in general, bank-based financial system …
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