Banking Market Structure and Financial Stability: Evidence from the Texas Real Estate Crisis in the 1980s

By Jie Gan. 2004

139 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/7354b5621728f7e9afa949be82bb937cd382a47d

How researchers see this paper

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In Economics and Econometrics

1. T. Rusticus
2. Lynn Li
3. Jeffrey Ng
4. Brian Akins

In Finance

1. T. Rusticus
2. Lynn Li
3. Jeffrey Ng
4. Brian Akins
5. David F. Larcker

Citations in the corpus

• Real Estate Prices and Bank Stability (2010, unknown): “, 2007), the importance of accounting for deviations of house prices from fundamentals rather than solely focusing on price level developments in regional markets (Calomiris and Mason, 2003; McCarthy and Peach, 2004; Ayuso and Restoy, 2006), and absence of bank-level evidence on distress conditional”
• Enjoying the Quiet Life under Deregulation? Evidence from Adjusted Lerner Indices for U.S. Banks (2012, unknown): “Since bank capitalization is among the most important determinants of bank distress (Gan, 2004), we include the ratio of equity to total assets (ER).”
• The Real Effects of Asset Market Bubbles: Loan- and Firm-Level Evidence of a Lending Channel (2007, unknown): “This is because, with deposit insurance (implicit or explicit), bank owners tend to take excessive risk as their payoff resembles a call option whose value increases with the risk (Keeley (1990) and Gan (2004)). Franchise value is something banks would lose in case of failure and thus constrains ris”
• Banking Competition and Capital Ratios (2007, unknown): “Earlier work implies an inverse relationship between competition and stability (Keeley, 1990; Gan, 2004).”
• Bank Competition and Financial Stability: Evidence from the Financial Crisis (2016, background): “Subsequent work has focused on more direct measures, including: the number of banks (e.g., Gan (2004)), concentration ratios (e.g., De Nicoló et al. (2004), Beck et al. (2006)), the Herfindahl index (e.g., Boyd et al. (2010)), bank mergers (e.g., Garmaise and Moskowitz (2006)), and the Panzar-Rosse…”