Financial Institutions and Markets Across Countries and Over Time - Data and Analysis
By Thorsten Beck, Asli Demirgüç-Kunt, Ross Levine. 2009
885 citations recorded by the source corpus.
This paper introduces the updated and expanded version of the Financial Development and Structure Database and presents recent trends in structure and development of financial institutions and markets across countries. The authors add indicators on banking structure and financial globalization. They find a deepening of both financial markets and institutions, a trend concentrated in high-income countries and more pronounced for markets than for banks. Similarly, the recent increase in cross-border lending and debt issues has been concentrated in high-income countries, while low and lower-middle income countries have experienced an increase in remittance flows. Low net interest margins, rising profitability and declining stability in high-income countries banking sectors characterize the recent financial sector boom in high income countries leading up to the global financial crisis of 2007.
Subfields: Accounting, Economics and Econometrics, Finance
View Paper: https://www.semanticscholar.org/paper/e234e1096e40e80b2c7b8a6b34d6ff4de50d74b0
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In Accounting
- Gerald J. Lobo
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- Wahyoe Soedarmono
- F. Machrouh
- Lena Tonzer
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In Economics and Econometrics
- Philippe Aghion
- Domenico Giannone
- M. Lenza
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- César Sosa‐Padilla
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In Finance
- Domenico Giannone
- M. Lenza
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- Gerald J. Lobo
- Kiridaran Kanagaretnam
- Philip R. Lane
- C. Lim
- César Sosa‐Padilla
Citations in the corpus
- Cross-Border Interbank Networks, Banking Risk and Contagion (2015, methodology): “Information on bank specific variables is obtained from the Financial Structure Database by Beck et al. (2009) who aggregate bank level data taken from Bankscope to the country level.”
- Patent rights, product market reforms, and innovation (2015, background): “4 More recently, Boldrin and Levine (2008) have argued that patent protection is detrimental to innovation because it blocks product market competition whereas competition is good for innovation because it allows the greatest scope to those who can develop new ideas.”
- Towards a Theory of Trade Finance (2011, background): “(2009), Behrens et al. (2010), Yi et al. (2010)) and inventory adjustments (Alessandria et al.”
- Bank Market Power, Economic Growth and Financial Stability: Evidence from Asian Banks (2011, methodology): “STOCK is retrieved from Beck and Demirgüç-Kunt (2009), while RLAW and ECOFREE are”
- Cecchetti , Mohanty and Zampolli The real effects of debt The real effects of debt (2011, positive): “32 We also experimented with other measures of financial depth, such as stock market capitalisation (as constructed by the World Bank; see Beck et al (2000) and Beck and Demirgüç-Kunt (2009)).”