Bank concentration and crises

Thorsten Beck, Asli Demirguc-Kunt and Ross Levine ()

No 3041, Policy Research Working Paper Series from The World Bank

Abstract: The authors study the impact of bank concentration, regulations, and national institutions on the likelihood of suffering a systemic banking crisis. Using data on 79 countries over the period 1980-97, they find that crises are less likely (1) in more concentrated banking systems, (2) in countries with fewer regulatory restrictions on bank competition and activities, and (3) in economies with better institutions, that is, institutions that encourage competition and support private property rights.

Keywords: Financial Crisis Management&Restructuring; Banks&Banking Reform; Labor Policies; Payment Systems&Infrastructure; Financial Intermediation; Financial Crisis Management&Restructuring; Financial Intermediation; Economic Theory&Research; Environmental Economics&Policies; Banks&Banking Reform (search for similar items in EconPapers)
Date: 2003-05-31
New Economics Papers: this item is included in nep-fin and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (89)

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Working Paper: Bank Concentration and Crises (2003)
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