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This paper introduces a comprehensive database on bank ownership for 137 countries over 1995-2009, and reviews foreign … bank behavior and impact. It documents substantial increases in foreign bank presence, with many more home and host … foreign bank presence negatively related with domestic credit creation. During the global crisis foreign banks reduced …
Persistent link: https://www.econbiz.de/10009424698
affected by bank branch deregulation and employment protection occurring over 1972-1993. We find that financial liberalization …
Persistent link: https://www.econbiz.de/10012677658
As in other sectors, competition in finance matters for allocative, productive and dynamic efficiency. Theory suggests, however, that unfettered competition is not first best given the special features of finance. I review these analytics and describe how to assess the degree of competition in...
Persistent link: https://www.econbiz.de/10012677735