We investigate the effects of market power, banking and bank-environment activities on profitability and stability (risk and returns) for a total of 1929 banks in 40 emerging and advanced economies over the sample period of 1999-2008. The model developed in this paper incorporates the...

This paper reappraises the financial repression hypothesis for India in the light of the partial liberalisation of the financial sector in the early 1990s, using for the first time, state-of-art multivariate cointegration and vector error correction models (VECM). From this robust test we find...