文章基本信息

标题：Financial Structure, Financial Development and Banking Fragility: International Evidence
本地全文：下载
作者：Antonio Ruiz-Porras
期刊名称：Análisis Económico
印刷版ISSN：0185-3937
出版年度：2009
卷号：XXIV
期号：56
页码：147-173
语种：English
出版社：Universidad Autónoma Metropolitana
其他摘要：In this work the effects of financial structure and financial development on banking fragility are examined. The study is developed using fixed-effects panel-data regressions and by controlling the effects of certain banking indicators. We use individual and principalcomponents indicators of the activity, size and efficiency of intermediaries and markets are also used. The indicators include data for 211 countries between 1990 and 2003. The main results suggest that banking stability is enhanced in market-based financial systems, whilst financial development reduces it. However, this fragility-enhancing effect can be discovered only when the financial structure is taken into account. Therfore, financial structure and development jointly matter to assess banking fragility.
关键词：Banks; fragility; financial structure; financial development