06582oam 22014174 450 991097253840332120250426110933.097866138829509781462396115146239611997814527984861452798486978128357050312835705059781451918502145191850X(CKB)3360000000445741(EBL)1606029(SSID)ssj0001485061(PQKBManifestationID)11819078(PQKBTitleCode)TC0001485061(PQKBWorkID)11448192(PQKB)11643973(OCoLC)537802177(IMF)WPIEE2010001(MiAaPQ)EBC1606029(IMF)WPIEA2010001WPIEA2010001(EXLCZ)99336000000044574120020129d2010 uf 0engurcnu||||||||txtccrPost-Crisis Bank Behavior : Lessons From Mercosur /Sarah Sanya, Montfort Mlachila1st ed.Washington, D.C. :International Monetary Fund,2010.1 online resource (42 p.)IMF Working PapersDescription based upon print version of record.9781451961614 1451961618 Includes bibliographical references.Contents; I. Introduction; II. Banking Crises in Mercosur; A. General Overview of Post-Crisis Banking Behavior; B. The Evolution of Bank Crises in Mercosur; III. Methodology and Data Issues; A. The Concept of Convergence and Bank Behavior; B. The Regression Framework; C. Data Sources and Issues; IV. The Results; A. Descriptive Statistics; Tables; 1. Mercosur: Bank Behavior Summary Statistics; B. Regression Analysis; 2. Correlations Between Selected Variables; 3. Summary Results for Absolute and Conditional Convergence; Figures; 1. Ratio of Public Sector Credit to Gross Domestic Product2. Ratio of Private Sector Credit to Gross Domestic Product 4. Results for Absolute and Conditional Sigma Convergence by Country; 5. Results for Absolute and Conditional Sigma Convergence by Countries; V. Robustness Tests; A. Alternative Benchmarks; B. Results; 6. Summary Results for Sigma Convergence Using Chile and Norway as Alternative Benchmarks; 3. Ratio of Loans to Assets; 4. Ratio of Private Sector Credit to Gross Domestic Product; 5. Capitalization; C. The Behavior of Foreign and Large Banks; 6. Commercial Bank's Reserves to Gross Domestic Product7. Absolute Sigma Convergence by Bank Type VI. Concluding Remarks; Appendix; I. Variable Definitions and Sources; ReferencesDid the occurrence of systemic banking crises in the 1990s and 2000s significantly alter the behavior of banks in the Mercosur? The objective of this paper is to answer this question by analyzing changes in bank behavior after crises in the Mercosur region. To our knowledge, this is the first paper to apply the convergence methodology-which is common in the growth literature-to post-crisis bank behavior. Using a panel dataset of commercial banks during the period 1990-2006, we analyze the impact of crises on four sets of financial indicators of bank behavior-profitability, maturity preference, credit supply, and risk. The paper finds that most indicators of bank behavior, such as profitability, in fact revert to previous or more normal levels. However, a key finding of the paper is that private sector intermediation is significantly reduced for prolonged periods of time and that high levels excess liquidity persist well after the crisis.IMF Working Papers; Working Paper ;No. 2010/001Banks and bankingConvergence (Economics)Bank creditimfBanking crisesimfBankingimfBankruptcyimfBanks and BankingimfBanks and bankingimfBanksimfCapital and Ownership StructureimfCommercial banksimfCreditimfDepository InstitutionsimfEconomic & financial crises & disastersimfFinancial CrisesimfFinancial crisesimfFinancial Institutions and Services: Government Policy and RegulationimfFinancial Risk and Risk ManagementimfFinancial Risk ManagementimfFinancing PolicyimfGoodwillimfLiquidationimfMacroeconomicsimfMicro Finance InstitutionsimfMonetary economicsimfMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralimfMoney and Monetary PolicyimfMoneyimfMortgagesimfSystemic crisesimfValue of FirmsimfArgentinaimfBanks and banking.Convergence (Economics)Bank creditBanking crisesBankingBankruptcyBanks and BankingBanks and bankingBanksCapital and Ownership StructureCommercial banksCreditDepository InstitutionsEconomic & financial crises & disastersFinancial CrisesFinancial crisesFinancial Institutions and Services: Government Policy and RegulationFinancial Risk and Risk ManagementFinancial Risk ManagementFinancing PolicyGoodwillLiquidationMacroeconomicsMicro Finance InstitutionsMonetary economicsMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralMoney and Monetary PolicyMoneyMortgagesSystemic crisesValue of Firms332.1098Sanya Sarah1816354Mlachila Montfort1815726International Monetary Fund.DcWaIMFBOOK9910972538403321Post-Crisis Bank Behavior4372384UNINA