Levine, RossBeck, ThorstenDemirguc-Kunt, Asli2014-05-092014-05-092003-05https://hdl.handle.net/10986/18208The authors study the impact of bank concentration, regulations, and national institutions on the likelihood of suffering a systemic banking crisis. Using data on 79 countries over the period 1980-97, they find that crises are less likely (1) in more concentrated banking systems, (2) in countries with fewer regulatory restrictions on bank competition and activities, and (3) in economies with better institutions, that is, institutions that encourage competition and support private property rights.en-USCC BY 3.0 IGOBANK REGULATIONBANKING SYSTEMSBANKING CRISESREGULATORY FRAMEWORKPRIVATE PROPERTY RIGHTS ACCOUNTABILITYBALANCE SHEETBANK ASSETSBANK EXPOSUREBANK FAILURESBANK FOR INTERNATIONAL SETTLEMENTSBANK HOLDING COMPANIESBANK MERGERSBANK PROFITSBANK REGULATIONBANK RISKBANK SIZEBANK SOLVENCYBANK STRUCTUREBANK SUPERVISIONBANKINGBANKING CRISESBANKING CRISISBANKING INDUSTRYBANKING SECTORBANKING STRUCTUREBANKING SYSTEMBANKING SYSTEMSBENCHMARKCAPITAL FLOWSCAPITAL REQUIREMENTSCOMMERCIAL BANKSCOMPETITIVENESSCONSOLIDATIONCONTAGIONCORPORATE CONTROLCOUNTRY COMPARISONSCREDIT BOOMSCURRENCY CRISESDEPOSIT INSURANCEDEPOSIT INSURANCE SCHEMESDEPOSITORSDEPOSITSDEVELOPED COUNTRIESECONOMIC ACTIVITYECONOMIC DEVELOPMENTECONOMIC GROWTHECONOMIC POLICIESECONOMIC THEORYECONOMICSECONOMIES OF SCALEEMERGING MARKET ECONOMIESEMPIRICAL ANALYSISEMPIRICAL STUDIESEXCHANGE RATEEXPLICIT COVERAGEFINANCIAL CRISESFINANCIAL FRAGILITYFINANCIAL INTERMEDIARIESFINANCIAL INTERMEDIATIONFINANCIAL LIBERALIZATIONFINANCIAL SECTORFINANCIAL SERVICESFINANCIAL STABILITYFINANCIAL SYSTEMSFOREIGN BANKSFOREIGN EXCHANGEFUTURE RESEARCHGDPGDP PER CAPITAGOVERNMENT GUARANTEESGUIDELINESINEFFICIENCYINFLATIONINSTITUTIONAL DEVELOPMENTINSTITUTIONAL ENVIRONMENTINSURANCE DESIGNINTEREST RATESINVESTMENTLIQUIDITYM2MARKET POWERMONETARY POLICYMORAL HAZARDOWNERSHIP STRUCTUREPORTFOLIOSPREDICTIONSPRIVATE PROPERTYPROFITABILITYPROPERTY RIGHTSPUBLIC POLICYRATE OF EXCHANGEREAL GDPREAL INTEREST RATEREGULATORY APPROACHESSECURITIESSENSITIVITY ANALYSESSMALL BANKSSOLVENCYSTATE OWNERSHIPSUPERVISORY AUTHORITIESSYSTEMIC BANKING CRISESTERMS OF TRADEVOLATILITYVULNERABILITYWAGESPRIVATE PROPERTY RIGHTSACCOUNTABILITYMicrodata Set10.1596/1813-9450-3041