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financial regulation. First, the paper proposes a broad index of regulatory quality for financial inclusion, emphasizing the …
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This paper assesses whether and how financial development triggers the occurrence of banking crises. It builds on a database that includes financial development as well as financial access, depth and efficiency for almost 100 countries. Through estimation of a dynamic logit panel model, it...
Persistent link: https://www.econbiz.de/10012021789
macroeconomic data drawn from several sources, including the Chinn-Ito index, the World Bank's Worldwide Governance Indicators, and … the World Bank's World Development Indicators, among others, over the period 2010-2018. To measure the de jure openness to …
Persistent link: https://www.econbiz.de/10012031049
The global financial crisis (as well as the European sovereign debt crisis) has led to a substantial redesign of rules and institutions - aiming in particular at underwriting financial stability. At the same time, the crisis generated a renewed interest in properly appraising systemic financial...
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In 2008 - 09 the world experienced the most severe financial and economic crisis since the Great Depression. The global …, lax financial regulation and supervision, and global macroeconomic imbalances. At a fundamental level, however, the crisis … monetary policy and financial regulation. The practice of both monetary policy and financial regulation had tended to become …
Persistent link: https://www.econbiz.de/10008907783