Description |
1 online resource (35 pages) |
Series |
IMF working paper, 2227-8885 ; WP/09/143 |
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IMF working paper ; WP/09/143.
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Contents |
Table of Contents; I. Introduction; II. The Model; Entrepreneurs; Depositors; Banks; Equilibrium; III. Evidence; A. Measurement of competition; B. Measurement of risk; C. Samples; D. Results for the U.S. Sample; E. Results for the International Sample; IV. Alternative Risk Measures; A. Loan Loss Measures of Risk; B. Actual Failures (or near failures) as the Dependent Variable; V. Conclusion; References; Tables; 1. U.S. Sample; 2. U.S. Sample Regressions; 3. International Sample; 4. International Sample Regressions; 5. U.S. Sample Loan Loss Measures; 6. International Sample Loan Loss Measures |
Summary |
We study a banking model in which banks invest in a riskless asset and compete in both deposit and risky loan markets. The model predicts that as competition increases, both loans and assets increase; however, the effect on the loans-to-assets ratio is ambiguous. Similarly, as competition increases, the probability of bank failure can either increase or decrease. We explore these predictions empirically using a cross-sectional sample of 2,500 U.S. banks in 2003, and a panel data set of about 2600 banks in 134 non-industrialized countries for the period 1993-2004. With both samples, we find tha |
Bibliography |
Includes bibliographical references (pages 25-28) |
Notes |
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL |
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Print version record |
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digitized 2011 HathiTrust Digital Library committed to preserve pda MiAaHDL |
Subject |
Banks and banking -- Econometric models
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Competition -- Econometric models
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Asset allocation.
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Risk management.
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Risk Management
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risk management.
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Asset allocation
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Banks and banking -- Econometric models
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Competition -- Econometric models
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Risk management
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Form |
Electronic book
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Author |
De Nicoló, Gianni, author.
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Jalal, Abu M., author.
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International Monetary Fund. Research Department.
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ISBN |
1451917198 |
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9781451917192 |
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9781451872903 |
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1451872909 |
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