Bank Concentration and Crises

• Tác giả: Ross Levine
• Ngôn ngữ: eng
• Ký hiệu phân loại: 332.16 Banks with multiple outlets
• Thông tin xuất bản: World Bank, Washington, DC, 2014
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 318554
• Chủ đề: 1. BANK REGULATION; 2. BANKING CRISES; 3. BANKING SYSTEMS; 4. PRIVATE PROPERTY RIGHTS ACCOUNTABILITY; 5. REGULATORY FRAMEWORK

Tóm tắt

The authors study the impact of bank concentration, regulations, and national institutions on the likelihood of suffering a systemic banking crisis. Using data on 79 countries over the period 1980-97, they find that crises are less likely (1) in more concentrated banking systems, (2) in countries with fewer regulatory restrictions on bank competition and activities, and (3) in economies with better institutions, that is, institutions that encourage competition and support private property rights.