Institutional Diversity in Domestic Banking Sectors and Bank Stability

Released on by Christopher F. Baum
preview-18

  • Institutional Diversity in Domestic Banking Sectors and Bank Stability Book Detail

  • Author : Christopher F. Baum
  • Release Date : 2020
  • Publisher :
  • Genre :
  • Pages :
  • ISBN 13 :
  • File Size : 68,68 MB
DOWNLOAD BOOK

Institutional Diversity in Domestic Banking Sectors and Bank Stability by Christopher F. Baum PDF Summary

Book Description: This paper analyzes the causal relationship between institutional diversity in domestic banking sectors and bank stability. We use a large bank- and country-level unbalanced panel data set covering the EU member states' banking sectors between 1998 and 2014. Constructing two distinct indicators for measuring institutional diversity, we find that a high degree of institutional diversity in the domestic banking sector positively affects bank stability. The positive relationship between domestic institutional diversity and bank stability is stronger in times of crisis, providing evidence that diversity can help to absorb both financial and real shocks. In particular, greater institutional diversity smooths bank earnings risk in times of crisis. Our results are economically meaningful and offer important insights to the ongoing economic policy debate on how to reshape the architecture of the banking sector.

Disclaimer: www.yourbookbest.com does not own Institutional Diversity in Domestic Banking Sectors and Bank Stability books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

Institutional Diversity in Banking

Institutional Diversity in Banking

File Size : 4,4 MB
Total View : 5064 Views
DOWNLOAD

This book offers a comparative analysis of how post-crisis restructuring has affected the evolution and prospects of small, locally-oriented banks. The discussi