Results for *

Displaying results 1 to 9 of 9.

  1. Bank ownership around the world
    Author: Panizza, Ugo
    Published: [2023]
    Publisher:  Graduate Institute of International and Development Studies, International Economics Department, Geneva, Switzerland

    This paper builds a dataset on bank ownership that covers more than 6,500 banks in 181 countries (59 low-income economies, 72 middle-income economies, and 50 high-income economies) over 1995-2020. I show that until 2010, there was a reduction in... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 272
    No inter-library loan

     

    This paper builds a dataset on bank ownership that covers more than 6,500 banks in 181 countries (59 low-income economies, 72 middle-income economies, and 50 high-income economies) over 1995-2020. I show that until 2010, there was a reduction in state-ownership of banks and an increase foreign ownership. However, the Global Financial Crisis interrupted or reversed these trends. At the country level, the relationship between bank ownership and each of GDP growth and financial depth is mixed: regressions with country fixed effects indicate that the presence of foreign-owned banks is positively associated with future economic growth and state-ownership is negatively but not robustly associated with future financial depth. Bank-level regressions show that state-owned banks are less profitable and have a higher share of non-performing loans than their private (domestic or foreign) counterparts. State-owned and foreign-owned banks located in developing economies pay and charge lower interest rates than their domestic private counterparts. There is also evidence that state-owned banks stabilize credit in the presence of domestic shocks while foreign banks amplify external shocks. In terms of domestic shocks, foreign banks are not significantly different from their domestic private counterparts.

     

    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/278431
    Series: Working paper series / Graduate Institute of International and Development Studies, International Economics Department ; no. HEIDWP2023, 07
    Subjects: State-owned banks; Foreign-owned banks; Economic growth; Financial depth; Non-performing loans; Credit cyclicality
    Scope: 1 Online-Ressource (circa 62 Seiten), Illustrationen
  2. Bank ownership around the world
    Author: Panizza, Ugo
    Published: 23 April 2023
    Publisher:  Centre for Economic Policy Research, London

    Access:
    Verlag (lizenzpflichtig)
    Verlag (lizenzpflichtig)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    LZ 161
    No inter-library loan
    Universitätsbibliothek Mannheim
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Array ; DP18106
    Subjects: State-owned banks; Foreign-owned banks; Economic growth; Financialdepth; Non-performing loans; Credit cyclicality
    Scope: 1 Online-Ressource (circa 64 Seiten), Illustrationen
  3. Turkey
    2021 Article IV consultation : press release; staff report; and statement by the Executive Director for Turkey
    Published: June 2021
    Publisher:  International Monetary Fund, Washington, D.C.

    In Turkey, as in other countries, the human and economic toll of the COVID-19 pandemic has been severe. Thousands of lives have been tragically lost and many livelihoods compromised. The initial policy response to the pandemic-and subsequent sharp... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Unter den Linden
    Unlimited inter-library loan, copies and loan

     

    In Turkey, as in other countries, the human and economic toll of the COVID-19 pandemic has been severe. Thousands of lives have been tragically lost and many livelihoods compromised. The initial policy response to the pandemic-and subsequent sharp growth rebound-set Turkey apart from its peers. Rapid monetary and credit expansion and large liquidity support meant that Turkey was among the few countries to experience positive economic growth in 2020. But these policies also aggravated pre-existing economic and financial vulnerabilities. Higher inflation, increased dollarization, and a large shift in the current account position increased pressure on the lira and gave rise to heavy foreign exchange sales, which led in turn to steep reserve declines from already-low levels. A policy shift in late 2020-mainly towards tighter and more transparent monetary policy and slower credit growth-was both welcome and necessary. But the durability and depth of the shift were called into question in March 2021, following the change in central bank leadership, as the lira weakened markedly and interest rate spreads widened

     

    Export to reference management software   RIS file
      BibTeX file
    Source: Staatsbibliothek zu Berlin
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9781513573175
    Other identifier:
    Series: IMF country reports ; 21, 110
    Subjects: credit policy; fiscal policy coordination; IFC portfolio implementation; FX rediscount credit repayment; IMF staff calculation; policy uncertainty; COVID-19; State-owned banks; Inflation; Global; Europe; International Agreements; International Organizations; Monetary Policy; Observance
    Scope: 1 Online-Ressource (circa 96 Seiten), Illustrationen
  4. Regulating, supervising, and handling distress in public banks
    Published: 2022 MAY
    Publisher:  International Monetary Fund, Publication Services, Washington, DC, U.S.A.

    Access:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Unter den Linden
    Unlimited inter-library loan, copies and loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Staatsbibliothek zu Berlin
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    Series: Departmental paper / International Monetary Fund ; DP/2022, 010
    Subjects: Public banks; development banks; regulation; supervision; resolution; crisis management; corporate governance; development bank; State supervision; policy lending; privileged access; arm's-length governance structure; State-owned banks; Commercial banks; Corporate governance; Bank resolution framework; Public enterprises; Global
    Scope: 1 Online-Ressource (circa 44 Seiten), Illustrationen
  5. Regulating, supervising, and handling distress in public banks
    Published: 2022 MAY
    Publisher:  International Monetary Fund, Publication Services, Washington, DC, U.S.A.

    Access:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Potsdamer Straße
    No inter-library loan
    Universitätsbibliothek Braunschweig
    No inter-library loan
    Staats- und Universitätsbibliothek Bremen
    No inter-library loan
    Universitätsbibliothek Erfurt / Forschungsbibliothek Gotha, Universitätsbibliothek Erfurt
    No inter-library loan
    Bibliothek der Pädagogischen Hochschule Freiburg/Breisgau
    No inter-library loan
    Niedersächsische Staats- und Universitätsbibliothek Göttingen
    No inter-library loan
    Universitäts- und Landesbibliothek Sachsen-Anhalt / Zentrale
    No inter-library loan
    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
    No inter-library loan
    Technische Universität Hamburg, Universitätsbibliothek
    No inter-library loan
    Technische Informationsbibliothek (TIB) / Leibniz-Informationszentrum Technik und Naturwissenschaften und Universitätsbibliothek
    No inter-library loan
    Duale Hochschule Baden-Württemberg Heidenheim, Bibliothek
    e-Book Nationallizenz
    No inter-library loan
    Thüringer Universitäts- und Landesbibliothek
    No inter-library loan
    Fachhochschule Kiel, Zentralbibliothek
    No inter-library loan
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 297
    No inter-library loan
    Universitätsbibliothek Leipzig
    No inter-library loan
    Leuphana Universität Lüneburg, Medien- und Informationszentrum, Universitätsbibliothek
    No inter-library loan
    Duale Hochschule Baden-Württemberg Mosbach, Bibliothek
    E-Book Nationallizenz IMF
    No inter-library loan
    Hochschule Offenburg, University of Applied Sciences, Bibliothek Campus Offenburg
    E-Book International Monetary Fund
    No loan of volumes, only paper copies will be sent
    Hochschulbibliothek Pforzheim, Bereichsbibliothek Technik und Wirtschaft
    e-Book International Monetary Fund eLibrary
    No loan of volumes, only paper copies will be sent
    Duale Hochschule Baden-Württemberg Ravensburg, Bibliothek
    E-Book IMF
    No inter-library loan
    Hochschule Albstadt-Sigmaringen, Bibliothek Sigmaringen
    No loan of volumes, only paper copies will be sent
    Export to reference management software   RIS file
      BibTeX file
    Source: Staatsbibliothek zu Berlin
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    Series: Departmental paper / International Monetary Fund ; DP/2022, 010
    Subjects: Public banks; development banks; regulation; supervision; resolution; crisis management; corporate governance; development bank; State supervision; policy lending; privileged access; arm's-length governance structure; State-owned banks; Commercial banks; Corporate governance; Bank resolution framework; Public enterprises; Global
    Scope: 1 Online-Ressource (circa 44 Seiten), Illustrationen
  6. Deposit and credit reallocation in a banking panic
    the role of state-owned banks
    Published: 31 October 2022
    Publisher:  Centre for Economic Policy Research, London

    Access:
    Verlag (lizenzpflichtig)
    Verlag (lizenzpflichtig)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    LZ 161
    No inter-library loan
    Universitätsbibliothek Mannheim
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Array ; DP17621
    Subjects: Bankenkrise; Öffentliche Bank; Kreditgeschäft; Einlagensicherung; Einlagengeschäft; Allokationseffizienz; Indien; Bank run; State-owned banks; Credit misallocation; Allocative efficiency
    Scope: 1 Online-Ressource (circa 79 Seiten)
  7. Turkey
    2021 Article IV consultation : press release; staff report; and statement by the Executive Director for Turkey
    Published: June 2021
    Publisher:  International Monetary Fund, Washington, D.C.

    In Turkey, as in other countries, the human and economic toll of the COVID-19 pandemic has been severe. Thousands of lives have been tragically lost and many livelihoods compromised. The initial policy response to the pandemic-and subsequent sharp... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Potsdamer Straße
    No inter-library loan
    Universitätsbibliothek Braunschweig
    No inter-library loan
    Staats- und Universitätsbibliothek Bremen
    No inter-library loan
    Universitätsbibliothek Erfurt / Forschungsbibliothek Gotha, Universitätsbibliothek Erfurt
    No inter-library loan
    Bibliothek der Pädagogischen Hochschule Freiburg/Breisgau
    No inter-library loan
    Niedersächsische Staats- und Universitätsbibliothek Göttingen
    No inter-library loan
    Universitäts- und Landesbibliothek Sachsen-Anhalt / Zentrale
    No inter-library loan
    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
    No inter-library loan
    Technische Universität Hamburg, Universitätsbibliothek
    No inter-library loan
    Technische Informationsbibliothek (TIB) / Leibniz-Informationszentrum Technik und Naturwissenschaften und Universitätsbibliothek
    No inter-library loan
    Duale Hochschule Baden-Württemberg Heidenheim, Bibliothek
    e-Book Nationallizenz
    No inter-library loan
    Thüringer Universitäts- und Landesbibliothek
    No inter-library loan
    Fachhochschule Kiel, Zentralbibliothek
    No inter-library loan
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 302
    No inter-library loan
    Universitätsbibliothek Leipzig
    No inter-library loan
    Leuphana Universität Lüneburg, Medien- und Informationszentrum, Universitätsbibliothek
    No inter-library loan
    Duale Hochschule Baden-Württemberg Mosbach, Bibliothek
    E-Book Nationallizenz IMF
    No inter-library loan
    Hochschule Offenburg, University of Applied Sciences, Bibliothek Campus Offenburg
    E-Book International Monetary Fund
    No loan of volumes, only paper copies will be sent
    Hochschulbibliothek Pforzheim, Bereichsbibliothek Technik und Wirtschaft
    e-Book International Monetary Fund eLibrary
    No loan of volumes, only paper copies will be sent
    Duale Hochschule Baden-Württemberg Ravensburg, Bibliothek
    E-Book IMF
    No inter-library loan
    Hochschule Albstadt-Sigmaringen, Bibliothek Sigmaringen
    No loan of volumes, only paper copies will be sent

     

    In Turkey, as in other countries, the human and economic toll of the COVID-19 pandemic has been severe. Thousands of lives have been tragically lost and many livelihoods compromised. The initial policy response to the pandemic-and subsequent sharp growth rebound-set Turkey apart from its peers. Rapid monetary and credit expansion and large liquidity support meant that Turkey was among the few countries to experience positive economic growth in 2020. But these policies also aggravated pre-existing economic and financial vulnerabilities. Higher inflation, increased dollarization, and a large shift in the current account position increased pressure on the lira and gave rise to heavy foreign exchange sales, which led in turn to steep reserve declines from already-low levels. A policy shift in late 2020-mainly towards tighter and more transparent monetary policy and slower credit growth-was both welcome and necessary. But the durability and depth of the shift were called into question in March 2021, following the change in central bank leadership, as the lira weakened markedly and interest rate spreads widened

     

    Export to reference management software   RIS file
      BibTeX file
    Source: Staatsbibliothek zu Berlin
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9781513573175
    Other identifier:
    Series: IMF country reports ; 21, 110
    Subjects: credit policy; fiscal policy coordination; IFC portfolio implementation; FX rediscount credit repayment; IMF staff calculation; policy uncertainty; COVID-19; State-owned banks; Inflation; Global; Europe; International Agreements; International Organizations; Monetary Policy; Observance
    Scope: 1 Online-Ressource (circa 96 Seiten), Illustrationen
  8. Lending cycles and real outcomes
    costs of political misalignment
    Published: [2021]
    Publisher:  Systemic Risk Centre, The London School of Economics and Political Science, London

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Keine Rechte
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: SRC discussion paper ; no 85 (February 2021)
    Subjects: Kreditgeschäft; Firmenkundengeschäft; Kommunalwahl; Allokationseffizienz; Industrie; Türkei; Bank credit; Electoral cycle; State-owned banks; Misallocation
    Scope: 1 Online-Ressource (circa 104 Seiten), Illustrationen
  9. State-owned commercial banks
    Author: Panizza, Ugo
    Published: June 2021
    Publisher:  Graduate Institute of International and Development Studies, International Economics Department, Geneva, Switzerland

    This paper builds a new dataset on bank ownership and reassesses the links between state-ownership of banks and each of financial development, economic growth, financial stability, bank performance, liquidity creation, and lending cyclicality. Using... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 272
    No inter-library loan

     

    This paper builds a new dataset on bank ownership and reassesses the links between state-ownership of banks and each of financial development, economic growth, financial stability, bank performance, liquidity creation, and lending cyclicality. Using panel data to estimate the short-and medium-term relationship between state-ownership and financial depth, the paper shows that there is no robust correlation between these two variables. The paper also finds no evidence of a negative correlation between state-ownership of banks and economic growth (if anything, the relationship is positive but rarely statistically significant). Looking at financial instability, the paper finds that banking crises predict increases in state-ownership but that there is no evidence that high state-ownership predicts banking crises. Focusing on bank performance, the paper shows that data for the period 1995-2009 are consistent with existing evidence that state owned banks are less profitable than their private counterparts in emerging and developing economies. However, more recent data show no difference between the profitability of private and public banks located in emerging and developing economies. The paper also corroborates the existing literature which shows that in emerging and developing economies lending by state-owned banks is less procyclical than private bank lending. Exploring the role of fiscal fundamentals, the paper does not find any difference in countercyclicality between high and low debt countries, but it finds that countercyclical lending by state-owned banks substitutes, rather than complement, countercyclical fiscal policy. It also finds that lending by state-owned banks helps smoothing production in labor intensive industries and in industries with a large share of small firms.

     

    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/238100
    Series: Working paper series / Graduate Institute of International and Development Studies, International Economics Department ; no. HEIDWP2021, 09
    Subjects: Banking; State-owned banks; Financial stability
    Scope: 1 Online-Ressource (circa 75 Seiten), Illustrationen