LEADER 03665nam 2200613Ia 450 001 9910464732803321 005 20201015033125.0 010 $a1-4623-9611-9 010 $a1-4527-9848-6 010 $a1-283-57050-5 010 $a9786613882950 010 $a1-4519-1850-X 035 $a(CKB)3360000000445741 035 $a(EBL)1606029 035 $a(SSID)ssj0001485061 035 $a(PQKBManifestationID)11819078 035 $a(PQKBTitleCode)TC0001485061 035 $a(PQKBWorkID)11448192 035 $a(PQKB)11643973 035 $a(OCoLC)537802177 035 $a(MiAaPQ)EBC1606029 035 $a(EXLCZ)993360000000445741 100 $a20100902d2010 uf 0 101 0 $aeng 181 $ctxt 182 $cc 183 $acr 200 10$aPost-crisis bank behavior$b[electronic resource] $elessons from Mercosur /$fSarah Sanya and Montfort Mlachila 210 $a[Washington, D.C.] $cInternational Monetary Fund$d2010 215 $a1 online resource (42 p.) 225 1 $aIMF working paper ;$vWP/10/1 300 $aDescription based upon print version of record. 311 $a1-4519-6161-8 320 $aIncludes bibliographical references. 327 $aContents; 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 Product 327 $a2. 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 Product 327 $a7. Absolute Sigma Convergence by Bank Type VI. Concluding Remarks; Appendix; I. Variable Definitions and Sources; References 330 $aDid the occurrence of systemic banking crises in the 1990's and 2000's significantly alter the behavior of banks in the Mercosur? The objective of this paper is to answer this question by analyzing changes in bank behavior after crises in the Mercosur region. To our knowledge, this is the first paper to apply the convergence methodology-which is common in the growth literature-to post-crisis bank behavior. Using a panel dataset of commercial banks during the period 1990-2006, we analyze the impact of crises on four sets of financial indicators of bank behavior-profitability, maturity preference, 410 0$aIMF working paper ;$vWP/10/1. 606 $aBanks and banking 606 $aConvergence (Economics) 608 $aElectronic books. 615 0$aBanks and banking. 615 0$aConvergence (Economics) 700 $aSanya$b Sarah$0991392 701 $aMlachila$b Montfort$0894673 712 02$aInternational Monetary Fund. 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910464732803321 996 $aPost-crisis bank behavior$92268694 997 $aUNINA