The Cooperative Bank Difference Before and After the Global Financial Crisis
Leonardo Becchetti (),
Rocco Ciciretti () and
No 313, CEIS Research Paper from Tor Vergata University, CEIS
We compare characteristics of the banks’ specialization (cooperative versus non-cooperative) at world level in a time spell including the global financial crisis. Cooperative banks display higher net loans/total assets ratios, lower shares of derivatives over total assets and lower earning volatility than commercial banks. With a diff-in-diff approach we test whether the global financial crisis produced convergence/divergence in these indicators. We finally document that, in a conditional convergence specification, the net loans/total assets ratio is positively and significantly correlated with value added growth in some manufacturing sectors but not in others.
Keywords: bank specialization; value added; global financial crisis (search for similar items in EconPapers)
JEL-codes: G21 O40 E44 (search for similar items in EconPapers)
Pages: 43 pages
Date: 2014-04-17, Revised 2015-11-23
New Economics Papers: this item is included in nep-ban, nep-cfn, nep-hme and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
ftp://www.ceistorvergata.it/repec/rpaper/RP313.pdf Main text (application/pdf)
Our link check indicates that this URL is bad, the error code is: 500 Failed to connect to FTP server www.ceistorvergata.it: [Net::FTP] Connection closed
Journal Article: The cooperative bank difference before and after the global financial crisis (2016)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:rtv:ceisrp:313
Ordering information: This working paper can be ordered from
CEIS - Centre for Economic and International Studies - Faculty of Economics - University of Rome "Tor Vergata" - Via Columbia, 2 00133 Roma
Access Statistics for this paper
More papers in CEIS Research Paper from Tor Vergata University, CEIS CEIS - Centre for Economic and International Studies - Faculty of Economics - University of Rome "Tor Vergata" - Via Columbia, 2 00133 Roma. Contact information at EDIRC.
Bibliographic data for series maintained by Barbara Piazzi ().