Journal•ISSN: 0888-7233
Comparative Economic Studies
Springer Science+Business Media
About: Comparative Economic Studies is an academic journal published by Springer Science+Business Media. The journal publishes majorly in the area(s): Planned economy & Emerging markets. It has an ISSN identifier of 0888-7233. Over the lifetime, 1028 publications have been published receiving 18903 citations.
Topics: Planned economy, Emerging markets, State ownership, Institutional economics, Monetary policy
Papers published on a yearly basis
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671 citations
TL;DR: In this paper, the authors present new and official survey information on bank regulations in 142 countries and make comparisons with two earlier surveys, which do not suggest that countries have primarily reformed their bank regulations for the better over the last decade.
Abstract: This paper presents new and official survey information on bank regulations in 142 countries and makes comparisons with two earlier surveys. The data do not suggest that countries have primarily reformed their bank regulations for the better over the last decade. Following Basel guidelines many countries strengthened capital regulations and official supervisory agencies, but existing evidence suggests that these reforms will not improve bank stability or efficiency. While some countries have empowered private monitoring of banks, consistent with the third pillar of Basel II, there are many exceptions and reversals along this dimension.
464 citations
TL;DR: In this article, the authors analyzed bank efficiency in Croatia between 1995 and 2000 by using the Data Envelopment Analysis (DEA) and found that foreign-owned banks are on average most efficient; new banks are more efficient than old; and smaller banks are globally efficient, but large banks are efficient when they allow for variable- returns-to-scale.
Abstract: An understanding of a bank's relative performance compared to the market over a period of time is important for analysts, practitioners and policymakers alike. In this paper we analyze bank efficiency in Croatia between 1995 and 2000 by using the Data Envelopment Analysis (DEA). We find that foreign-owned banks are on average most efficient; that new banks are more efficient than old; and that smaller banks are globally efficient, but large banks are efficient when we allow for variable- returns- to- scale. We also find strong equalization in terms of average efficiency in the Croatian banking market, both between peer groups and within peer groups of banks.
363 citations
310 citations
TL;DR: In this paper, the authors studied the determinants of house prices in eight transition economies of central and eastern Europe (CEE) and 19 OECD countries and showed that house prices can be explained well by the underlying conventional fundamentals and some transition specific factors, in particular institutional development of housing markets and housing finance and quality effects.
Abstract: This paper studies the determinants of house prices in eight transition economies of central and eastern Europe (CEE) and 19 OECD countries. The main question addressed is whether the conventional fundamental determinants of house prices, such as GDP per capita, real interest rates, housing credit and demographic factors, have driven the observed house prices in CEE. We show that house prices in CEE can be explained well by the underlying conventional fundamentals and some transition specific factors, in particular institutional development of housing markets and housing finance and quality effects.
296 citations