Park, Jungsoo; Park, Yung Chul - East Asian Bureau of Economic Research (EABER) - 2014
This study analyzes the effects of financial liberalization on the lending behavior of banks and non-bank financial … industry-level data of the period 1991–2007. It also develops a financial liberalization index to incorporate the … multifaceted nature of financial reform. Findings show that financial liberalization has led banks and NBFIs to allocate more of …