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This paper aims at analyzing the bank-based versus market-based dichotomy of Kenya's financial system. This is in view … of the fact that the financial sector, which is bank dominated, is showing a clear tendency of the banking industry … that while superficially the bank-based - market-based contrasting may be justified by there being a dominant subsector in …
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Intro -- Contents -- I. INTRODUCTION -- II. MODEL SETTING AND CHARACTERISTICS -- III. UNIQUE EQUILIBRIUM CANDIDATE WITH STRATEGIC INTERMEDIATION -- IV. EXISTENCE OF AN EQUILIBRIUM WITH FREE RECONTRACTING OPPORTUNITY -- V. DISCUSSION -- VI. CONCLUDING REMARKS -- REFERENCES -- APPENDIX I. PROOFS...
Persistent link: https://www.econbiz.de/10012691170
The relationship between bank competition, firm access to finance, and economic growth is a much debated topic in the … impact of bank competition on industry growth in the Gulf Cooperation Council economies. The results show that greater … competition. These results are robust to a variety of checks. The findings suggest that improving bank competition should be an …
Persistent link: https://www.econbiz.de/10012968763
control for banks' financial strength. Our results challenge the idea that bank credit fosters economic growth and that …
Persistent link: https://www.econbiz.de/10012956602
total bank deposit (DPS) were obtained from Central Bank of Nigeria (CBN) statistical bulletin and used to compute savings …
Persistent link: https://www.econbiz.de/10012994988
This study investigated the role banks play in economic growth. It used bank deposits and bank credit to the private … sector as variables for bank intermediation and real gross domestic product (RGDP) to proxy economic growth. The Regression … of RGDP as dependent variable against bank deposit and credit confirmed that banks through their intermediation function …
Persistent link: https://www.econbiz.de/10012995007
There is a substantial literature arguing that financial development contributes to economic growth. In this paper, we contribute to this literature by examining the effect of state-level banking regulation on financial development and economic growth in the United States from 1900 to 1940....
Persistent link: https://www.econbiz.de/10012469149
The relationships among competition in the financial sector, access of firms to external financing, and associated economic growth are ambiguous in theory. Moreover, measuring competition in the financial sector can be complex. In this paper the authors first estimate for 16 countries a measure...
Persistent link: https://www.econbiz.de/10012553941