Democracy and Banking Stability: Is the Relationship U-Shaped?
المؤلف | Ben Ali, Mohamed Sami |
المؤلف | Ben Mim, Sami |
تاريخ الإتاحة | 2023-01-22T08:12:40Z |
تاريخ النشر | 2022 |
اسم المنشور | Journal of the Knowledge Economy |
المصدر | Scopus |
الملخص | This study addresses the impact of democracy on the stability of the banking system for a sample of 114 countries over the period 2000-2017. Our findings offer strong evidence for a U-shaped relationship between democracy and banking stability. Results also show that the way democratic institutions impact banking stability is highly dependent on their ability to implement effective anti-corruption policies. Controlling for countries' income levels reveals that not all high-income countries are necessarily enjoying the positive effects of democracy on banking stability. 2022, The Author(s). |
اللغة | en |
الناشر | Springer |
الموضوع | Banking crisis D73 Democracy G33 H12 Nonlinearity O17 P48 SGMM |
النوع | Article |
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