The financial liberalization policy was undertaken in several countries like in Tunisia in order to have modern and dynamic financial system. However, the consequences of such a program are completely divergent from it's waitings. In this paper, and on the basis of data relating to 9 Tunisian...

The aim of this study is to investigate the performance of the Tunisian banking sector following the liberalization of its financial sector. To this end, we collected annual frequency data from nine banks for the period 1980-2009. By using Seemingly Unrelated Regression (SUR), our estimations...