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[null,"1.","Record Nr.",null,"UNINA9910788688903321"]
[null,null,"Autore",null,"Cihak Martin"]
[null,null,"Titolo",null,"Are More Competitive Banking Systems More Stable? / / Martin Cihak, Simon Wolfe, Klaus Schaeck"]
[null,null,"Pubbl/distr/stampa",null,"Washington, D.C. : , : International Monetary Fund, , 2006"]
[null,null,"ISBN",null,"1-4623-0036-7"]
[{"$nulls":4},"1-4527-8848-0"]
[{"$nulls":4},"1-283-51897-X"]
[{"$nulls":4},"1-4527-0150-4"]
[{"$nulls":4},"9786613831422"]
[null,null,"Descrizione fisica",null,"1 online resource (37 p.)"]
[null,null,"Collana",null,"IMF Working Papers"]
[null,null,"Soggetti",null,"Banks and banking"]
[{"$nulls":4},"Bank management"]
[{"$nulls":4},"Banks and Banking"]
[{"$nulls":4},"Econometrics"]
[{"$nulls":4},"Finance: General"]
[{"$nulls":4},"Macroeconomics"]
[{"$nulls":4},"Banks"]
[{"$nulls":4},"Depository Institutions"]
[{"$nulls":4},"Micro Finance Institutions"]
[{"$nulls":4},"Mortgages"]
[{"$nulls":4},"General Financial Markets: General (includes Measurement and Data)"]
[{"$nulls":4},"Discrete Regression and Qualitative Choice Models"]
[{"$nulls":4},"Discrete Regressors"]
[{"$nulls":4},"Proportions"]
[{"$nulls":4},"Financial Crises"]
[{"$nulls":4},"Banking"]
[{"$nulls":4},"Finance"]
[{"$nulls":4},"Econometrics & economic statistics"]
[{"$nulls":4},"Economic & financial crises & disasters"]
[{"$nulls":4},"Competition"]
[{"$nulls":4},"Commercial banks"]
[{"$nulls":4},"Logit models"]
[{"$nulls":4},"Systemic crises"]
[{"$nulls":4},"Econometric models"]
[{"$nulls":4},"Financial crises"]
[{"$nulls":4},"United States"]
[null,null,"Lingua di pubblicazione",null,"Inglese"]
[null,null,"Formato",null,"Materiale a stampa"]
[null,null,null,"Livello bibliografico","Monografia"]
[null,null,null,"Note generali","\"June 2006.\""]
[null,null,null,"Nota di bibliografia","Includes bibliographical references."]
[null,null,"Nota di contenuto",null,"\"\"Contents\"\"; \"\"I. INTRODUCTION\"\"; \"\"II. LITERATURE REVIEW\"\"; \"\"A. Competition and Concentration\"\"; \"\"B. Concentration and Stability\"\"; \"\"C. Competition and Stability\"\"; \"\"D. Regulation, Supervision and Stability\"\"; \"\"III. METHODOLOGY\"\"; \"\"A. Duration Analysis\"\"; \"\"B. Logistic Probability Analysis\"\"; \"\"C. Panzar and Rosse (1987) H-Statistic\"\"; \"\"IV. DATA AND SUMMARY STATISTICS\"\"; \"\"V. REGRESSION RESULTS\"\"; \"\"A. Main Results\"\"; \"\"B. Robustness Tests\"\"; \"\"C. Competitiveness, Regulation and Systemic Crises\"\"; \"\"VI. CONCLUDING REMARKS\"\"; \"\"DEFINITIONS OF VARIABLES AND DATA SOURCES\"\""]
[{"$nulls":4},"\"\"REFERENCES\"\""]
[null,null,null,"Sommario/riassunto","This paper provides the first empirical analysis of the cross-country relationship between a direct measure of competitive conduct of financial institutions and banking system fragility. Using the Panzar and Rosse H-Statistic as a measure for competition in 38 countries during 1980-2003, we present evidence that more competitive banking systems are less prone to systemic crises and that time to crisis is longer in a competitive environment. Our results hold when concentration and the regulatory environment are controlled for and are robust to different methodologies, different sampling periods, and alternative samples."]