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Publications of the Project: Banking Sector Diversity: Does it matter for sector stability and SME financing?

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  • Diskussionspapiere 1869 / 2020

    Institutional Diversity in Domestic Banking Sectors and Bank Stability: A Cross-Country Study

    This paper analyzes the causal relationship between institutional diversity in domestic banking sectors and bank stability. We use a large bank- and country-level unbalanced panel data set covering the EU member states’ banking sectors between 1998 and 2014. Constructing two distinct indicators for measuring institutional diversity, we find that a high degree of institutional diversity in the domestic ...

    2020| Christopher F. Baum, Caterina Forti Grazzini, Dorothea Schäfer
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