Showing 1 - 10 of 67
dealing with weak banks and other merger and acquisition reviews focus on stability and competition objectives. …
Persistent link: https://www.econbiz.de/10005769248
This study reinvestigates the theoretical relationship between competition in banking and banks' exposure to risk of failure. There is a large existing literature that concludes that when banks are confronted with increased competition, they rationally choose more risky portfolios. We briefly...
Persistent link: https://www.econbiz.de/10005599568
It is widely perceived that competition in the Indian banking sector has increased since the inception of the financial sector reforms in 1992. Using annual data on scheduled commercial banks for the period 1996-2004, the paper evaluates the validity of this claim in the Indian context. The...
Persistent link: https://www.econbiz.de/10005825694
There is a concern that the state-dominated, inefficient, and fragile banking systems in many low-income countries, especially in sub-Saharan Africa, are a major hindrance to economic growth. This paper systematically analyzes the impact of the far-reaching banking sector reforms undertaken in...
Persistent link: https://www.econbiz.de/10005826275
This paper examines the evolution of market structure in emerging market banking systems during the 1990s. While significant bank consolidation has been taking place in these countries, reflected in a sharp decline in the number of banks, this process has not systematically been associated with...
Persistent link: https://www.econbiz.de/10005264153
This technical note analyzes the competition in the banking sector in Denmark. It reveals that Denmark has a fairly competitive and efficient banking sector. Measured by various indicators, efficiency of banking intermediation has been improving in recent years. The banking sector has become...
Persistent link: https://www.econbiz.de/10011244565
Now close to 50 percent of GDP, this paper assesses the appropriateness of China’s current investment levels. It finds that China’s capital-to-output ratio is within the range of other emerging markets, but its economic growth rates stand out, partly due to a surge in investment...
Persistent link: https://www.econbiz.de/10011142176
€˜buffer stock’ model of optimal consumption in the presence of labor income uncertainty and credit constraints. Saving in the model … uncertainty. An estimated structural version of the model suggests that increased credit availability accounts for most of the … saving rate’s long-term decline, while fluctuations in net wealth and uncertainty capture the bulk of the business …
Persistent link: https://www.econbiz.de/10011242291
This paper studies the linkage between structural coherence and economic growth. Structural coherence is defined as the degree that a country's industrial structure optimally reflects its factor endowment fundamentals. The paper found that at least for the overall capital, the shares of capital...
Persistent link: https://www.econbiz.de/10010878416
output volatility (relative to inflation volatility) in his/her objective function. A more aggressive countercyclical fiscal … rule can attain lower output volatility, but there is a trade-off with (somewhat) higher inflation volatility and (much …) higher volatility of fiscal variables. Second, given its current stock of government assets, Chile's adoption of a 0 …
Persistent link: https://www.econbiz.de/10004999965