La régulation bancaire dans l'Union économique et monétaire ouest-africaine est-elle efficace ?

Pascal H. Dannon and Frédéric Lobez

Revue d'économie financière, 2014, vol. N° 116, issue 4, 279-304

Abstract: This paper investigates empirically the impact of bank regulation on the risk of default of WAEMU banks over the period 2000-2010. Our results suggest that banks which have relatively high capital ratios, those focusing on loans as well as large banks have a lower risk of default. However, WAEMU banks seem to finance riskier and more profitable assets to offset the extra cost of subordinated debt. Favorable macroeconomic conditions are factors reducing the risk of default while a high share of the financial sector in GDP increases this risk. Classification JEL: G21, G28, O16, O55.

JEL-codes: G21 G28 O16 O55 (search for similar items in EconPapers)
Date: 2014
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