Publication:
The Impact of Banking Sector Reform in a Transition Economy : Evidence from Kyrgyzstan

dc.contributor.authorBrown, Martin
dc.contributor.authorMaurer, Maria Rueda
dc.contributor.authorPak, Tamara
dc.contributor.authorTynaev, Nurlanbek
dc.date.accessioned2012-03-30T07:32:57Z
dc.date.available2012-03-30T07:32:57Z
dc.date.issued2009
dc.description.abstractWe examine the impact of financial sector reform on interest rate levels and spreads using Kyrgyz bank-level data from 1998 to 2005. We find that, in addition to macroeconomic stabilization, structural reforms to the banking sector significantly contributed to lower interest rates. In particular, our results suggest that foreign bank entry and regulatory efforts to increase average bank size were important in reducing deposit rates. In contrast, we find little evidence that banking sector reform or macroeconomic stabilization has impacted interest rate spreads.en
dc.identifier.citationJournal of Banking and Finance
dc.identifier.issn03784266
dc.identifier.urihttps://hdl.handle.net/10986/5462
dc.language.isoEN
dc.relation.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.rights.holderWorld Bank
dc.subjectInterest Rates: Determination, Term Structure, and Effects E430
dc.subjectBanks
dc.subjectOther Depository Institutions
dc.subjectMicro Finance Institutions
dc.subjectMortgages G210
dc.subjectFinancial Institutions and Services: Government Policy and Regulation G280
dc.subjectEconomic Development: Financial Markets
dc.subjectSaving and Capital Investment
dc.subjectCorporate Finance and Governance O160
dc.subjectSocialist Systems and Transitional Economies: National Income, Product, and Expenditure
dc.subjectMoney
dc.subjectInflation P240
dc.subjectSocialist Institutions and Their Transitions: Financial Economics P340
dc.titleThe Impact of Banking Sector Reform in a Transition Economy : Evidence from Kyrgyzstanen
dc.title.alternativeJournal of Banking and Financeen
dc.typeJournal Articleen
dc.typeArticle de journalfr
dc.typeArtículo de revistaes
dspace.entity.typePublication
okr.doctypeJournal Article
okr.externalcontentExternal Content
okr.identifier.doi10.1016/j.jbankfin.2009.04.002
okr.identifier.externaldocumentum304
okr.journal.nbpages1677-1687
okr.language.supporteden
okr.peerreviewAcademic Peer Review
okr.region.countryKyrgyz Republic
okr.relation.associatedurlhttp://dx.doi.org/10.1016/j.jbankfin.2009.04.002
okr.relation.associatedurlhttp://search.ebscohost.com/login.aspx?direct=true&db=eoh&AN=1053368&site=ehost-live
okr.relation.associatedurlhttp://www.elsevier.com/wps/find/journaldescription.cws_home/505558/description#description
okr.volume33
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