Bank Ownership and Credit over the Business Cycle Is Lending by State Banks Less Procyclical? /
This paper finds that lending by state banks is less procyclical than lending by private banks, especially in countries with good governance. Lending by state banks in high-income countries is even countercyclical. On the liability side, state banks expand potentially unstable non-deposit liabilitie...
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| Format: | Electronic Book |
| Language: | English |
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Washington, D.C. :
The World Bank,
2012
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| Series: | Policy research working papers
World Bank e-Library |
| Subjects: |
Internet
This item is not available through BorrowDirect. Please contact your institution’s interlibrary loan office for further assistance.Stanford University
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INTERNET RESOURCE |
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