IDEAS home Printed from https://ideas.repec.org/a/eee/intfin/v54y2018icp190-203.html

Bank competition and stability in the CIS markets

Author

Listed:
  • Clark, Ephraim
  • Radić, Nemanja
  • Sharipova, Alma

Abstract

This paper investigates the impact of bank competition on financial stability in the transition markets of the Commonwealth of Independent States (CIS) in the context of the competing competition-stability/competition-fragility hypotheses found in the literature. Our results verify the competition-stability hypothesis and show that competition contributes to financial stability in these countries. We also find that besides competition, legal rights of borrowers and lenders and the supervisory power of the regulator have a significant, positive impact on CIS bank stability. These results are robust with respect to a range of instrumental variables, model specification, subsample testing, and alternative measures of competition.

Suggested Citation

  • Clark, Ephraim & Radić, Nemanja & Sharipova, Alma, 2018. "Bank competition and stability in the CIS markets," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 54(C), pages 190-203.
    • Handle: RePEc:eee:intfin:v:54:y:2018:i:c:p:190-203
    DOI: 10.1016/j.intfin.2017.12.005
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1042443117302512
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.intfin.2017.12.005?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • F30 - International Economics - - International Finance - - - General
    • L89 - Industrial Organization - - Industry Studies: Services - - - Other

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:intfin:v:54:y:2018:i:c:p:190-203. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/intfin .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.