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Journal articles
Bank market power, economic growth and financial stability: Evidence from Asian banks
Abstract : This paper examines whether Asian banks are still prone to moral hazard in the aftermath of the 1997 Asian crisis. Using a sample of commercial banks from 12 Asian countries during the 2001-2007 period, our empirical findings highlight that higher market power in the banking market results in higher instability. Although banks are better capitalized in less competitive markets their default risk remains higher. A deeper investigation however shows that such a behaviour is dependent on the economic environment. Higher economic growth contributes to neutralize higher risk taking and higher instability in less competitive markets.
Cited literature [44 references]
https://hal.archives-ouvertes.fr/hal-01098998
Contributor : Clovis Rugemintwari <>
Submitted on : Tuesday, December 30, 2014 - 1:57:25 PM
Last modification on : Friday, March 6, 2020 - 2:06:03 AM
Long-term archiving on: : Tuesday, March 31, 2015 - 10:21:04 AM
Contributor : Clovis Rugemintwari <>
Submitted on : Tuesday, December 30, 2014 - 1:57:25 PM
Last modification on : Friday, March 6, 2020 - 2:06:03 AM
Long-term archiving on: : Tuesday, March 31, 2015 - 10:21:04 AM
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