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Using the Stochastic Frontier Analysis on data for 33 sub-Saharan African countries over the period 2007 to 2018, we determine the drivers of the inefficiencies in financial stability and also estimate the existing financial stability gaps. The results confirm that credit to the private sector...
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/2008 global financial crisis. Using 481 bank-year observations from an unbalanced panel of 83 banks from six countries over the … deficiencies in regulation and asymmetric incentives for bank management. A significant recalibration of prudential policies …
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