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discusses possible factors that may inhibit a deepening of bank intermediation and more efficient banking in Brazil, two aspects … that are found to be significantly different than in leading banking systems in other parts of the world. Using panel data …, it finds positive evidence of the presence of a noncompetitive market structure in the Brazilian banking system, a factor …
Persistent link: https://www.econbiz.de/10014403945
government-owned bank, managed by a team of professionals recruited from outside of the traditional banking sector. This paper …
Persistent link: https://www.econbiz.de/10014403973
This paper investigates the presence of depositor discipline in the U.S. banking sector. We test whether depositors …
Persistent link: https://www.econbiz.de/10014403981
Bank borrowers'' currency mismatches often result from unhedged foreign currency borrowing in economies where there is significant dollarization, exposing the financial sector to disguised credit risk. In the absence of standard tools or guidelines to counteract this risk, countries have...
Persistent link: https://www.econbiz.de/10014403987
This paper aims to provide a balanced assessment of Korea Asset Management Corporation''s role in resolving nonperforming loans in the aftermath of the 1997-98 financial crisis. It argues that KAMCO''s incentive to dispose of NPLs can be explained by a strong social desire for a recovery of...
Persistent link: https://www.econbiz.de/10014404048
The purpose of this paper is to study the origins of banking crises in sub-Saharan Africa, drawing upon the experience … these crises. The conclusions underscore that the banking crises examined did not represent an entirely special case … several of their features were nonetheless specific to this part of the world. These banking crises were the very prototype of …
Persistent link: https://www.econbiz.de/10014404069
We measure bank vulnerability in emerging markets using the distance-to-default, a risk-neutral indicator based on Merton''s (1974) structural model of credit risk. The indicator is estimated using equity prices and balance-sheet data for 38 banks in 14 emerging market countries. Results show it...
Persistent link: https://www.econbiz.de/10014404081
banks to set stricter acceptance criteria, and that increased competition in the banking industry leads to riskier bank …
Persistent link: https://www.econbiz.de/10014404128
This paper runs the gamut of qualitative and quantitative analyses to examine the performance of French banks during 2006-2008 and the financial support measures taken by the French government. French banks were not immune but proved relatively resilient to the global financial crisis reflecting...
Persistent link: https://www.econbiz.de/10014402378
Substantial effort has been devoted to reforming China''s banking system in recent years. The authorities recapitalized …
Persistent link: https://www.econbiz.de/10014402397