کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5058258 1476621 2016 4 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Has the banking system become more homogeneous? Evidence from banks' loan portfolios
ترجمه فارسی عنوان
آیا سیستم بانکی همگن تر شده است؟ شواهد از اوراق بهادار وام بانکی
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
چکیده انگلیسی

Have banks become more similar? In this paper we test this hypothesis using data on Japanese banks' loan portfolios over the period 1996-2013. Using various similarity measures, we find that banks have in fact become less similar over time. This finding would suggest that concerns over a more homogeneous banking system are not necessarily based on facts. However, we also find that the Japanese banking system has become increasingly concentrated, and that the largest banks in fact have become more similar over time. We need theoretical frameworks that allow to disentangle the interplay between diversity and concentration and their impact on systemic risk.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Economics Letters - Volume 142, May 2016, Pages 45-48
نویسندگان
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