Does Bank Diversification Improve Output Growth? Evidence from the Recent Global Crisis
Author
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Domenico Giannone & Michele Lenza & Lucrezia Reichlin, 2011.
"Market Freedom and the Global Recession,"
IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 59(1), pages 111-135, April.
- Reichlin, Lucrezia & Giannone, Domenico & Lenza, Michele, 2010. "Market freedom and the global recession," CEPR Discussion Papers 7884, C.E.P.R. Discussion Papers.
- Domenico Giannone & Michèle Lenza & Lucrezia Reichlin, 2010. "Market Freedom and the Global Recession," Working Papers ECARES ECARES 2010-020, ULB -- Universite Libre de Bruxelles.
- Domenico Giannone & Michèle Lenza & Lucrezia Reichlin, 2011. "Market freedom and the global recession," ULB Institutional Repository 2013/261757, ULB -- Universite Libre de Bruxelles.
- Rose, Andrew K. & Spiegel, Mark M., 2011.
"Cross-country causes and consequences of the crisis: An update,"
European Economic Review, Elsevier, vol. 55(3), pages 309-324, April.
- Andrew K. Rose & Mark M. Spiegel, 2010. "Cross-Country Causes and Consequences of the Crisis: An Update," NBER Working Papers 16243, National Bureau of Economic Research, Inc.
- Rose, Andrew & Spiegel, Mark, 2010. "Cross-Country Causes and Consequences of the Crisis: An Update," CEPR Discussion Papers 7901, C.E.P.R. Discussion Papers.
- Andrew K. Rose & Mark M. Spiegel, 2011. "Cross-country causes and consequences of the crisis: an update," Working Paper Series 2011-02, Federal Reserve Bank of San Francisco.
- repec:zbw:bofrdp:2014_005 is not listed on IDEAS
- Elsas, Ralf & Hackethal, Andreas & Holzhäuser, Markus, 2010. "The anatomy of bank diversification," Journal of Banking & Finance, Elsevier, vol. 34(6), pages 1274-1287, June.
- Laeven, Luc & Levine, Ross, 2007.
"Is there a diversification discount in financial conglomerates?,"
Journal of Financial Economics, Elsevier, vol. 85(2), pages 331-367, August.
- Luc Laeven & Ross Levine, 2005. "Is There a Diversification Discount in Financial Conglomerates?," NBER Working Papers 11499, National Bureau of Economic Research, Inc.
- Levine, Ross & Laeven, Luc, 2005. "Is There a Diversification Discount in Financial Conglomerates?," CEPR Discussion Papers 5121, C.E.P.R. Discussion Papers.
- Berger, Allen N. & Goulding, William & Rice, Tara, 2014. "Do small businesses still prefer community banks?," Journal of Banking & Finance, Elsevier, vol. 44(C), pages 264-278.
- Philip R Lane & Gian Maria Milesi-Ferretti, 2011.
"The Cross-Country Incidence of the Global Crisis,"
IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 59(1), pages 77-110, April.
- Mr. Gian M Milesi-Ferretti & Mr. Philip R. Lane, 2010. "The Cross-Country Incidence of the Global Crisis," IMF Working Papers 2010/171, International Monetary Fund.
- Milesi-Ferretti, Gian Maria & Lane, Philip, 2010. "The Cross-Country Incidence of the Global Crisis," CEPR Discussion Papers 7954, C.E.P.R. Discussion Papers.
- Philip Lane & Gian Maria Milesi-Ferretti, 2010. "The Cross-Country Incidence of the Global Crisis," The Institute for International Integration Studies Discussion Paper Series iiisdp333, IIIS.
- Louzis, Dimitrios P. & Vouldis, Angelos T. & Metaxas, Vasilios L., 2012.
"Macroeconomic and bank-specific determinants of non-performing loans in Greece: A comparative study of mortgage, business and consumer loan portfolios,"
Journal of Banking & Finance, Elsevier, vol. 36(4), pages 1012-1027.
- Dimitrios P. Louzis & Aggelos T. Vouldis & Vasilios L. Metaxas, 2010. "Macroeconomic and bank-specific determinants of non-performing loans in Greece: a comparative study of mortgage, business and consumer loan portfolios," Working Papers 118, Bank of Greece.
- Klapper, Leora & Love, Inessa, 2011.
"The impact of the financial crisis on new firm registration,"
Economics Letters, Elsevier, vol. 113(1), pages 1-4, October.
- Klapper, Leora & Love, Inessa, 2010. "The impact of the financial crisis on new firm registration," Policy Research Working Paper Series 5444, The World Bank.
- Claessens, Stijn & Tong, Hui & Wei, Shang-Jin, 2012.
"From the financial crisis to the real economy: Using firm-level data to identify transmission channels,"
Journal of International Economics, Elsevier, vol. 88(2), pages 375-387.
- Stijn Claessens & Hui Tong & Shang-Jin Wei, 2011. "From the Financial Crisis to the Real Economy: Using Firm-level Data to Identify Transmission Channels," NBER Chapters, in: Global Financial Crisis, National Bureau of Economic Research, Inc.
- Stijn Claessens & Hui Tong & Shang-Jin Wei, 2011. "From the Financial Crisis to the Real Economy: Using Firm-level Data to Identify Transmission Channels," NBER Working Papers 17360, National Bureau of Economic Research, Inc.
- Mr. Tümer Kapan & Ms. Camelia Minoiu, 2013.
"Balance Sheet Strength and Bank Lending During the Global Financial Crisis,"
IMF Working Papers
2013/102, International Monetary Fund.
- Kapan, Tümer & Minoiu, Camelia, 2013. "Balance sheet strength and bank lending during the global financial crisis," Discussion Papers 33/2013, Deutsche Bundesbank.
- Curi, Claudia & Lozano-Vivas, Ana & Zelenyuk, Valentin, 2015.
"Foreign bank diversification and efficiency prior to and during the financial crisis: Does one business model fit all?,"
Journal of Banking & Finance, Elsevier, vol. 61(S1), pages 22-35.
- Claudia Curi & Ana Lozano-Vivas & Valentin Zelenyuk, 2014. "Foreign bank diversification and efficiency prior to and during the financial crisis: Does one business model fit all?," BEMPS - Bozen Economics & Management Paper Series BEMPS18, Faculty of Economics and Management at the Free University of Bozen.
- Claudia Curi & Ana Lozano-Vivas & Valentin Zelenyuk, 2015. "Foreign bank diversification and efficiency prior to and during the financial crisis: Does one business model fit all?," CEPA Working Papers Series WP042015, School of Economics, University of Queensland, Australia.
- Luc Laeven & FabiÁn Valencia, 2013.
"The Real Effects of Financial Sector Interventions during Crises,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 45(1), pages 147-177, February.
- Luc Laeven & Fabián Valencia, 2013. "The Real Effects of Financial Sector Interventions during Crises," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 45(1), pages 147-177, February.
- Mr. Fabian Valencia & Mr. Luc Laeven, 2011. "The Real Effects of Financial Sector Interventions During Crises," IMF Working Papers 2011/045, International Monetary Fund.
- Foos, Daniel & Norden, Lars & Weber, Martin, 2010. "Loan growth and riskiness of banks," Journal of Banking & Finance, Elsevier, vol. 34(12), pages 2929-2940, December.
- Dekle, Robert & Lee, Mihye, 2015. "Do foreign bank affiliates cut their lending more than the domestic banks in a financial crisis?," Journal of International Money and Finance, Elsevier, vol. 50(C), pages 16-32.
- Stijn Claessens, 2010. "The Financial Crisis," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 4(2), pages 177-196, May.
- Ghosh, Amit, 2015. "Banking-industry specific and regional economic determinants of non-performing loans: Evidence from US states," Journal of Financial Stability, Elsevier, vol. 20(C), pages 93-104.
- Nicola Cetorelli & Linda S Goldberg, 2011.
"Global Banks and International Shock Transmission: Evidence from the Crisis,"
IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 59(1), pages 41-76, April.
- Nicola Cetorelli & Linda S. Goldberg, 2010. "Global banks and international shock transmission: evidence from the crisis," Staff Reports 446, Federal Reserve Bank of New York.
- Nicola Cetorelli & Linda S. Goldberg, 2010. "Global Banks and International Shock Transmission: Evidence from the Crisis," NBER Working Papers 15974, National Bureau of Economic Research, Inc.
- Kroszner, Randall S. & Laeven, Luc & Klingebiel, Daniela, 2007.
"Banking crises, financial dependence, and growth,"
Journal of Financial Economics, Elsevier, vol. 84(1), pages 187-228, April.
- Kroszner, Randall & Laeven, Luc & Klingebiel, Daniela, 2006. "Banking Crises, Financial Dependence and Growth," CEPR Discussion Papers 5623, C.E.P.R. Discussion Papers.
- Chakraborty, Shankha & Ray, Tridip, 2006.
"Bank-based versus market-based financial systems: A growth-theoretic analysis,"
Journal of Monetary Economics, Elsevier, vol. 53(2), pages 329-350, March.
- Shankha Chakraborty & Tridip Ray, 2003. "Bank-based versus Market-based Financial Systems: A Growth-theoretic Analysis," University of Oregon Economics Department Working Papers 2003-6, University of Oregon Economics Department, revised 01 Feb 2002.
- Vicente Salas & Jesús Saurina, 2002. "Credit Risk in Two Institutional Regimes: Spanish Commercial and Savings Banks," Journal of Financial Services Research, Springer;Western Finance Association, vol. 22(3), pages 203-224, December.
- Kaufmann, Daniel & Kraay, Aart & Mastruzzi, Massimo, 2010. "The worldwide governance indicators : methodology and analytical issues," Policy Research Working Paper Series 5430, The World Bank.
- Jeroen Klomp & Jakob de Haan, 2014. "Bank Regulation, the Quality of Institutions, and Banking Risk in Emerging and Developing Countries: An Empirical Analysis," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 50(6), pages 19-40, November.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Al-Khazali, Osamah M. & Mirzaei, Ali, 2017. "The impact of oil price movements on bank non-performing loans: Global evidence from oil-exporting countries," Emerging Markets Review, Elsevier, vol. 31(C), pages 193-208.
- Velasco, Pilar, 2022. "Is bank diversification a linking channel between regulatory capital and bank value?," The British Accounting Review, Elsevier, vol. 54(4).
- Mirzaei, Ali & Grosse, Robert, 2019. "The interaction of quantity and quality of finance: Did it make industries more resilient to the recent global financial crisis?," International Review of Economics & Finance, Elsevier, vol. 64(C), pages 493-512.
- Vo, Xuan Vinh, 2017. "How does the stock market value bank diversification? Evidence from Vietnam," Finance Research Letters, Elsevier, vol. 22(C), pages 101-104.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Mirzaei, Ali & Al-Khouri, Ritab Salem Farhan, 2016. "The resilience of oil-rich economies to the global financial crisis: Evidence from Kuwaiti financial and real sectors," Economic Systems, Elsevier, vol. 40(1), pages 93-108.
- Mirzaei, Ali & Grosse, Robert, 2019. "The interaction of quantity and quality of finance: Did it make industries more resilient to the recent global financial crisis?," International Review of Economics & Finance, Elsevier, vol. 64(C), pages 493-512.
- Claessens, Stijn & Tong, Hui & Wei, Shang-Jin, 2012.
"From the financial crisis to the real economy: Using firm-level data to identify transmission channels,"
Journal of International Economics, Elsevier, vol. 88(2), pages 375-387.
- Stijn Claessens & Hui Tong & Shang-Jin Wei, 2011. "From the Financial Crisis to the Real Economy: Using Firm-level Data to Identify Transmission Channels," NBER Chapters, in: Global Financial Crisis, National Bureau of Economic Research, Inc.
- Stijn Claessens & Hui Tong & Shang-Jin Wei, 2011. "From the Financial Crisis to the Real Economy: Using Firm-level Data to Identify Transmission Channels," NBER Working Papers 17360, National Bureau of Economic Research, Inc.
- Tomoe Moore & Ali Mirzaei, 2016. "The Impact of the Global Financial Crisis on Industry Growth," Manchester School, University of Manchester, vol. 84(2), pages 159-180, March.
- Frankel, Jeffrey & Saravelos, George, 2012.
"Can leading indicators assess country vulnerability? Evidence from the 2008–09 global financial crisis,"
Journal of International Economics, Elsevier, vol. 87(2), pages 216-231.
- Saravelo, George & Frankel, Jeffrey A., 2011. "Can Leading Indicators Assess Country Vulnerability? Evidence from the 2008-09 Global Financial Crisis," Scholarly Articles 5027952, Harvard Kennedy School of Government.
- Frankel, Jeffrey A. & Saravelos, George, 2012. "Can Leading Indicators Assess Country Vulnerability? Evidence from the 2008-09 Global Financial Crisis," Scholarly Articles 9642637, Harvard Kennedy School of Government.
- Frankel, Jeffrey & Saravelos, George, 2011. "Can Leading Indicators Assess Country Vulnerability? Evidence from the 2008-09 Global Financial Crisis," Working Paper Series rwp11-024, Harvard University, John F. Kennedy School of Government.
- Stijn Claessens & M. Ayhan Kose, 2013.
"Financial Crises: Explanations, Types and Implications,"
CAMA Working Papers
2013-06, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Claessens, Stijn & Kose, M. Ayhan, 2013. "Financial Crises: Explanations, Types, and Implications," CEPR Discussion Papers 9329, C.E.P.R. Discussion Papers.
- Mr. Stijn Claessens & Mr. Ayhan Kose, 2013. "Financial Crises Explanations, Types, and Implications," IMF Working Papers 2013/028, International Monetary Fund.
- Bruce N. Lehmann & David M. Modest, 1985. "The Empirical Foundations of the Arbitrage Pricing Theory I: The Empirical Tests," NBER Working Papers 1725, National Bureau of Economic Research, Inc.
- Katarzyna Sum, 2013. "The Impact of Banking Regulation on the Economic Performance of EU Countries in 2007-2009," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 4, pages 5-19.
- Maghyereh, Aktham I. & Awartani, Basel, 2014. "Bank distress prediction: Empirical evidence from the Gulf Cooperation Council countries," Research in International Business and Finance, Elsevier, vol. 30(C), pages 126-147.
- Cicchiello, Antonella Francesca & Cotugno, Matteo & Perdichizzi, Salvatore & Torluccio, Giuseppe, 2022. "Do capital buffers matter? Evidence from the stocks and flows of nonperforming loans," International Review of Financial Analysis, Elsevier, vol. 84(C).
- Chinazzi, Matteo & Fagiolo, Giorgio & Reyes, Javier A. & Schiavo, Stefano, 2013.
"Post-mortem examination of the international financial network,"
Journal of Economic Dynamics and Control, Elsevier, vol. 37(8), pages 1692-1713.
- Matteo Chinazzi & Giorgio Fagiolo & Javier A. Reyes & Stefano Schiavo, 2012. "Post-Mortem Examination of the International Financial Network," LEM Papers Series 2012/04, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
- Matteo Chinazzi & Giorgio Fagiolo & Javier A. Reyes & Stefano Schiavo, 2012. "Post-Mortem Examination of the International Financial Network," Department of Economics Working Papers 1202, Department of Economics, University of Trento, Italia.
- Vyshnevskyi, Iegor & Sohn, Wook, 2023. "Nonperforming loans and related lending: Evidence from Ukraine," Emerging Markets Review, Elsevier, vol. 57(C).
- Pierre-Olivier Gourinchas & Maurice Obstfeld, 2012.
"Stories of the Twentieth Century for the Twenty-First,"
American Economic Journal: Macroeconomics, American Economic Association, vol. 4(1), pages 226-265, January.
- Obstfeld, Maurice & Gourinchas, Pierre-Olivier, 2011. "Stories of the Twentieth Century for the Twenty-First," CEPR Discussion Papers 8518, C.E.P.R. Discussion Papers.
- Pierre-Olivier Gourinchas & Maurice Obstfeld, 2011. "Stories of the Twentieth Century for the Twenty-First," NBER Working Papers 17252, National Bureau of Economic Research, Inc.
- Gourinchas, Pierre-Olivier & Obstfeld, Maurice, 2011. "Stories of the Twentieth Century for the Twenty-First," Department of Economics, Working Paper Series qt6mq0x1jz, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Ardit Gjeçi & Matej Marinč & Vasja Rant, 2023. "Non-performing loans and bank lending behaviour," Risk Management, Palgrave Macmillan, vol. 25(1), pages 1-26, March.
- Igan, Deniz & Mirzaei, Ali, 2020.
"Does going tough on banks make the going get tough? Bank liquidity regulations, capital requirements, and sectoral activity,"
Journal of Economic Behavior & Organization, Elsevier, vol. 177(C), pages 688-726.
- Ms. Deniz O Igan & Ali Mirzaei, 2020. "Does Going Tough on Banks Make the Going Get Tough? Bank Liquidity Regulations, Capital Requirements, and Sectoral Activity," IMF Working Papers 2020/103, International Monetary Fund.
- Jeon, Bang Nam & Wu, Ji & Chen, Limei & Chen, Minghua, 2020. "Diversification, efficiency and risk of banks: New consolidating evidence from emerging economies," School of Economics Working Paper Series 2020-10, LeBow College of Business, Drexel University.
- Maryem Naili & Younes Lahrichi, 2022. "The determinants of banks' credit risk: Review of the literature and future research agenda," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 27(1), pages 334-360, January.
- Imad Jabbouri & Maryem Naili, 2020. "Determinants of Nonperforming Loans in Emerging Markets: Evidence from the MENA Region," Review of Pacific Basin Financial Markets and Policies (RPBFMP), World Scientific Publishing Co. Pte. Ltd., vol. 22(04), pages 1-33, February.
- Dwyer, Shane & Tan, Chih Ming, 2014. "Hits and runs: Determinants of the cross-country variation in the severity of impact from the 2008–09 financial crisis," Journal of Macroeconomics, Elsevier, vol. 42(C), pages 69-90.
- Bezemer, Dirk & Zhang, Lu, 2019. "Credit composition and the severity of post-crisis recessions," Journal of Financial Stability, Elsevier, vol. 42(C), pages 52-66.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:irvfin:v:16:y:2016:i:3:p:467-481. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=1369-412X .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.