This file is part of IDEAS , which uses RePEc data
[ Papers |
Articles |
Software |
Books |
Chapters |
Authors |
Institutions |
JEL Classification |
NEP reports |
Search |
New papers by email |
Author registration |
Rankings |
Volunteers |
FAQ |
Blog |
Help! ]
Bank Concentration and Credit Volatility Author info | Abstract | Publisher info | Download info | Related research | Statistics Alejandro Micco
Ugo Panizza
Additional information is available for the following
registered author(s):
This paper uses an unbalanced panel covering ninety-three countries over the 1990-2002 period to study the empirical relationship between bank concentration and credit volatility. The paper finds that there is a strong negative relationship between loans concentration and credit sensitivity to external shocks. It also shows that this result is robust to different samples, measures of concentration and econometric techniques, and that this relationship is not driven by crisis episodes. These results are in line with the hypothesis that banks with a larger market share can internalize the countercyclical effects of expanding credit during recessions.
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
file . Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Paper provided by Central Bank of Chile in its series Working Papers Central Bank of Chile with number
342.
Download reference. The following formats are available: HTML ,
plain text ,
BibTeX ,
RIS (EndNote),
ReDIF
Length:
Date of creation: Dec 2005Date of revision:
Handle: RePEc:chb:bcchwp:342Contact details of provider: Postal: Casilla No967, Santiago Phone: (562) 670 2000 Fax: (562) 698 4847 Web page: http://www.bcentral.cl/ More information through EDIRC
For technical questions regarding this item, or to correct its listing, contact: (Claudio Sepulveda).
Keywords: References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.:
Molyneux, Phil & Lloyd-Williams, D. M. & Thornton, John, 1994.
"Competitive conditions in european banking ,"
Journal of Banking & Finance ,
Elsevier, vol. 18(3), pages 445-459, May.
[Downloadable!] (restricted)
Franklin Allen & Douglas Gale, 2004.
"Competition and financial stability ,"
Proceedings ,
Federal Reserve Bank of Cleveland, pages 453-486.
Other versions: Claessens, Stijn & Laeven, Luc, 2003.
"What drives bank competition? some international evidence ,"
Policy Research Working Paper Series
3113, The World Bank.
[Downloadable!]
Other versions:
Claessens, Stijn & Laeven, Luc, 2004.
"What Drives Bank Competition? Some International Evidence ,"
Journal of Money, Credit and Banking ,
Blackwell Publishing, vol. 36(3), pages 563-83, June.
Stijn Claessens & Luc Laeven, 2004.
"What drives bank competition? Some international evidence ,"
Proceedings ,
Federal Reserve Bank of Cleveland, pages 563-592.
Boyd, John H. & Runkle, David E., 1993.
"Size and performance of banking firms : Testing the predictions of theory ,"
Journal of Monetary Economics ,
Elsevier, vol. 31(1), pages 47-67, February.
[Downloadable!] (restricted)
Petersen, Mitchell A & Rajan, Raghuram G, 1995.
"The Effect of Credit Market Competition on Lending Relationships ,"
The Quarterly Journal of Economics ,
MIT Press, vol. 110(2), pages 407-43, May.
[Downloadable!] (restricted)
Other versions: Corvoisier, Sandrine & Gropp, Reint, 2002.
"Bank concentration and retail interest rates ,"
Journal of Banking & Finance ,
Elsevier, vol. 26(11), pages 2155-2189, November.
[Downloadable!] (restricted)
Other versions: Allen Berger & Timothy Hannan, 1994.
"The Efficiency Cost of Market Power in the Banking Industry: A Test of the 'Quiet Life' and Related Hypotheses ,"
Center for Financial Institutions Working Papers
94-29, Wharton School Center for Financial Institutions, University of Pennsylvania.
Other versions: Barth, James R. & Caprio Jr, Gerard & Levine, Ross, 2001.
"The regulation and supervision of banks around the world - a new database ,"
Policy Research Working Paper Series
2588, The World Bank.
[Downloadable!]
Smith, R Todd, 1998.
"Banking Competition and Macroeconomic Performance ,"
Journal of Money, Credit and Banking ,
Blackwell Publishing, vol. 30(4), pages 793-815, November.
Bruce D. Smith & Gianni De Nicoló & John H. Boyd, 2003.
"Crisis in Competitive versus Monopolistic Banking Systems ,"
IMF Working Papers
03/188, International Monetary Fund.
[Downloadable!]
Other versions:
John H. Boyd & Gianni De Nicoló & Bruce D. Smith, 2004.
"Crises in competitive versus monopolistic banking systems ,"
Proceedings ,
Federal Reserve Bank of Cleveland, pages 487-509.
Boyd, John H & De Nicolo, Gianni & Smith, Bruce D, 2004.
"Crises in Competitive versus Monopolistic Banking Systems ,"
Journal of Money, Credit and Banking ,
Blackwell Publishing, vol. 36(3), pages 487-506, June.
Nicola Cetorelli, 2001.
"Banking Market Structure, Financial Dependence and Growth: International Evidence from Industry Data ,"
Journal of Finance ,
American Finance Association, vol. 56(2), pages 617-648, 04.
[Downloadable!] (restricted)
Other versions: Arturo Galindo & Alejandro Micco & Andrew Powell, 2004.
"Loyal Lenders or Fickle Financiers: Foreign Banks in Latin America ,"
Business School Working Papers
banksla, Universidad Torcuato Di Tella.
[Downloadable!]
Full
references
Access and
download statistics Did you know? IDEAS uses the data collected within the RePEc project , the largest online bibliographic database in Economics.
This page was last updated on 2008-9-28.
This information is provided to you by IDEAS at the Department of Economics , College of Liberal Arts and Sciences , University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics .