Post-Crisis Bank Behavior: Lessons from Mercosur

Did the occurrence of systemic banking crises in the 1990s and 2000s significantly alter the behavior of banks in the Mercosur? The objective of this paper is to answer this question by analyzing changes in bank behavior after crises in the Mercosur region. To our knowledge, this is the first paper...

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Hlavní autoři: Fund, International Monetary, Mlachila, Montfort
Médium: E-kniha Kniha
Jazyk:angličtina
Vydáno: Washington International Monetary Fund 01.01.2010
Vydání:1
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ISBN:1451961618, 9781451961614, 145191850X, 9781451918502, 9781452798486, 1452798486
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Shrnutí:Did the occurrence of systemic banking crises in the 1990s and 2000s significantly alter the behavior of banks in the Mercosur? The objective of this paper is to answer this question by analyzing changes in bank behavior after crises in the Mercosur region. To our knowledge, this is the first paper to apply the convergence methodology-which is common in the growth literature-to post-crisis bank behavior. Using a panel dataset of commercial banks during the period 1990-2006, we analyze the impact of crises on four sets of financial indicators of bank behavior-profitability, maturity preference, credit supply, and risk. The paper finds that most indicators of bank behavior, such as profitability, in fact revert to previous or more normal levels. However, a key finding of the paper is that private sector intermediation is significantly reduced for prolonged periods of time and that high levels excess liquidity persist well after the crisis.
ISBN:1451961618
9781451961614
145191850X
9781451918502
9781452798486
1452798486