bank-based structure, higher presence of foreign banks is positively associated with currency market pressure. Additionally … significantly affected by the structure of their financial systems, viz., bank-based and market-based structures. Using panel data … estimations based on data from 82 countries for the period of 1996-2012, we find that in general, bank-based financial system …

Recoveries vary considerably across countries: our paper compares recoveries in bank-based and market-based economies … and finds that market-based economies experience significantly and durably stronger rebounds than the bank-based ones (in … particular the more bank-based economies of continental Europe). Further, stronger recoveries also tend to be associated with …

Reducing income inequality and enhancing access to financial institutions play a vital role in achieving the … development and economic growth, literature on financial development-income inequality nexus is limited and lack consensus. This … paper examined the different dimensions of financial development on income inequality for the period 1990 to 2015 in Turkey …

finance. Such risks cannot be addressed by regulating the safety and soundness of stablecoins alone without adequately … and bank deposits for stablecoins in payments and the financial system more broadly, particularly the current system of … bank-intermediated credit and for monetary policy. …

led to increased inequality. It is argued that a multitude of factors including the retreat of the big banks from the …This paper examines the relationship between changes in the financial sector and the increasing inequality in Germany …. For this, first an overview about the development of the main inequality indicators for Germany is given, which show …