Impact of Financial Market Development, Financial Crises and Deposit Insurance on Bank Risk*

被引：1

作者：

Chang, Yiming ^{[1
,2
,3
]}

Yu, Xiangyuan ^{[4
]}

Shan, Wei ^{[5
,6
]}

Wang, Fang ^{[7
]}

Tao, Yinying ^{[8
]}

机构：

[1] Peking Univ, Sch Comp Sci, Natl Engn Lab Big Data Anal & Applicat, Beijing, Peoples R China

[2] Peking Univ, Res Ctr Computat Social Sci, Beijing, Peoples R China

[3] Peking Univ, Inst Computat Social Sci, PKU Haier Smart Home Qingdao Joint Innovat Lab, Qingdao, Peoples R China

[4] Beijing Jiaotong Univ, Sch Econ & Management, Beijing, Peoples R China

[5] Beihang Univ, Sch Econ & Management, Beijing, Peoples R China

[6] Minist Educ, Key Lab Complex Syst Anal & Management Decis, Beijing, Peoples R China

[7] Lanzhou Jiaotong Univ, Sch Econ & Management, Lanzhou, Peoples R China

[8] Zhejiang Univ Sci & Technol, Sch Design & Fash, Hangzhou, Peoples R China

来源：

PRAGUE ECONOMIC PAPERS | 2023年 / 32卷 / 01期

基金：

北京市自然科学基金; 中国国家自然科学基金;

关键词：

Financial market development; financial crisis; deposit insurance; bank risk; non-linear relationship; INITIAL PUBLIC OFFERINGS; FISCAL REACTION FUNCTION; RAPID-TRANSIT LINE; EARNINGS MANAGEMENT; INSTITUTIONAL INVESTORS; EMPIRICAL-EVIDENCE; ECONOMIC-GROWTH; DEBT SUSTAINABILITY; AGENCY PROBLEMS; METRO LINE;

D O I：

10.18267/j.pep.820

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper examines the impact of financial market development, financial crises and deposit insurance on bank risk based on macro data of 86 countries during the period 1998-2014. The results show that banking sector development and stock market development have opposing effects on bank risk measured as bank non-performing loan ratio. The introduction of an explicit deposit insurance system plays a significant role in reducing banks' risk. However, the bank market development after the introduction of this system also increases banks' risk. The impact of financial market development and deposit insurance system on banks' risk was more significant before the 2008 financial crisis. It is found that there is a nonlinear relationship between financial market development, deposit insurance, financial crises and banks' risk. The stock market development has an asymmetric effect on banks' risk.

引用

页码：1 / 25

页数：25

共 50 条

[31] Bank risk and deposit insurance
Laeven, L
[J]. WORLD BANK ECONOMIC REVIEW, 2002, 16 (01): : 109 - 137
[32] Financial crises and labor market turbulence
Pratap, Sangeeta
Quintin, Erwan
[J]. JOURNAL OF MONETARY ECONOMICS, 2011, 58 (6-8) : 601 - 615
[33] Market concentration and the likelihood of financial crises
Bretschger, Lucas
Kappel, Vivien
Werner, Therese
[J]. JOURNAL OF BANKING & FINANCE, 2012, 36 (12) : 3336 - 3345
[34] Financial crises and 'market regulation' - Comment
Evanoff, DD
[J]. RESEARCH IN FINANCIAL SERVICES: PRIVATE AND PUBLIC POLICY, VOL 10 - 1998: BANK CRISES: CAUSES, ANALYSIS AND PREVENTION, 1998, 10 : 165 - 173
[35] Deposit insurance and financial intermediation: The case of Indonesia Deposit Insurance Corporation
Jameaba, Muyanja Ssenyonga
[J]. COGENT ECONOMICS & FINANCE, 2018, 6 (01): : 1 - 32
[36] IMPACT OF FINANCIAL LITERACY OF THE POPULATION ON DEVELOPMENT OF FINANCIAL INSTITUTES AND KEY SEGMENTS OF THE FINANCIAL MARKET
Alifanova, E. N.
Evlakhova, Yu. S.
[J]. TERRA ECONOMICUS, 2012, 10 (03): : 115 - 120
[37] Bank Deposit Mobilization, Loan Advancement and Financial Stability: The Role of Bank Branches in an Emerging Market
Kusi, Baah Aye
Mensah, Lord
Agbloyor, Elikplimi
[J]. JOURNAL OF AFRICAN BUSINESS, 2022, 23 (04) : 887 - 906
[38] BANK ASSET MANAGEMENT AND FINANCIAL INSURANCE
SZEGO, GP
[J]. JOURNAL OF BANKING & FINANCE, 1986, 10 (02) : 295 - 307
[39] Tail risk in the European sovereign bond market during the financial crises: Detecting the influence of the European Central Bank
Fendel, Ralf
Neumann, Christian
[J]. GLOBAL FINANCE JOURNAL, 2021, 50
[40] Financial crises and the impact on women
Ghosh J.
[J]. Development, 2010, 53 (3) : 381 - 385

← 1 2 3 4 5 →