메뉴 건너뛰기




Volumn 30, Issue 3, 1998, Pages 614-650

Banking in transition economies: Does efficiency require instability?

(2)  Gorton, Gary a   Winton, Andrew a  

a NONE

Author keywords

[No Author keywords available]

Indexed keywords


EID: 0039835559     PISSN: 00222879     EISSN: None     Source Type: Journal    
DOI: 10.2307/2601261     Document Type: Article
Times cited : (45)

References (43)
  • 1
    • 0039264964 scopus 로고    scopus 로고
    • Details, details
    • January 17
    • Anonymous. "Details, Details." Economist, January 17, 1998, 68-69.
    • (1998) Economist , pp. 68-69
  • 2
    • 0002948364 scopus 로고
    • Enterprise debt and economic transformation: Financial restructuring of the state sector in central and eastern Europe
    • edited by Colin Mayer and Xavier Vives, Cambridge, U.K.: Cambridge University Press
    • Begg, David, and Richard Portes. "Enterprise Debt and Economic Transformation: Financial Restructuring of the State Sector in Central and Eastern Europe." In Capital Markets and Financial Intermediation, edited by Colin Mayer and Xavier Vives, pp. 230-55. Cambridge, U.K.: Cambridge University Press, 1993.
    • (1993) Capital Markets and Financial Intermediation , pp. 230-255
    • Begg, D.1    Portes, R.2
  • 3
    • 0001114148 scopus 로고
    • Nonmonetary effects of the financial crisis in the propagation of the great depression
    • June
    • Bernanke, Ben S. "Nonmonetary Effects of the Financial Crisis in the Propagation of the Great Depression." American Economic Review 73 (June 1983), 257-76.
    • (1983) American Economic Review , vol.73 , pp. 257-276
    • Bernanke, B.S.1
  • 4
    • 0011504165 scopus 로고
    • The role of financial institutions in the transition to a market economy
    • edited by Gerard Caprio, David Folkerts-Landau, and Timothy Lane, Washington, D.C.: International Monetary Fund
    • Blommestein, Hans, and Michael Spencer. "The Role of Financial Institutions in the Transition to a Market Economy." In Building Sound Finance in Emerging Market Economies, edited by Gerard Caprio, David Folkerts-Landau, and Timothy Lane, pp. 139-89. Washington, D.C.: International Monetary Fund, 1994.
    • (1994) Building Sound Finance in Emerging Market Economies , pp. 139-189
    • Blommestein, H.1    Spencer, M.2
  • 6
    • 84993915030 scopus 로고
    • Security design
    • September
    • Boot, Arnoud, and Anjan Thakor. "Security Design." Journal of Finance 48 (September 1993), 1349-78.
    • (1993) Journal of Finance , vol.48 , pp. 1349-1378
    • Boot, A.1    Thakor, A.2
  • 7
    • 45949128596 scopus 로고
    • Financial intermediary coalitions
    • Boyd, John, and Edward Prescott. "Financial Intermediary Coalitions." Journal of Economic Theory 38 (1986), 211-32.
    • (1986) Journal of Economic Theory , vol.38 , pp. 211-232
    • Boyd, J.1    Prescott, E.2
  • 8
    • 0039856651 scopus 로고
    • Introduction
    • edited by Philip Brock, San Francisco: Institute for Contemporary Studies
    • Brock, Philip. "Introduction." In If Texas Were Chile, edited by Philip Brock, pp. 1-9. San Francisco: Institute for Contemporary Studies, 1992.
    • (1992) If Texas Were Chile , pp. 1-9
    • Brock, P.1
  • 9
    • 0000646935 scopus 로고
    • The role of demandable debt in structuring optimal banking arrangements
    • June
    • Calomiris, Charles, and Charles Kahn. "The Role of Demandable Debt in Structuring Optimal Banking Arrangements." American Economic Review 81 (June 1991), 497-513.
    • (1991) American Economic Review , vol.81 , pp. 497-513
    • Calomiris, C.1    Kahn, C.2
  • 12
    • 85000255476 scopus 로고    scopus 로고
    • Banking reform in transitional-countries: Results from a survey
    • Forthcoming
    • Claessens, Stijn. "Banking Reform in Transitional-Countries: Results from a Survey." Forthcoming, Journal of Policy Reform.
    • Journal of Policy Reform
    • Claessens, S.1
  • 13
    • 0011704247 scopus 로고
    • Myths and facts about financial liberalization in Chile: 1974-1983
    • edited by Philip Brock, San Francisco: Institute for Contemporary Studies
    • de la Cuadra, Sergio, and Salvador Valdes. "Myths and Facts about Financial Liberalization in Chile: 1974-1983." In If Texas Were Chile, edited by Philip Brock, pp. 11-101. San Francisco: Institute for Contemporary Studies, 1992.
    • (1992) If Texas Were Chile , pp. 11-101
    • De La Cuadra, S.1    Valdes, S.2
  • 14
    • 47749120440 scopus 로고
    • Financial intermediation and delegated monitoring
    • Diamond, Douglas. "Financial Intermediation and Delegated Monitoring." Review of Economic Studies 51 (1984), 393-414.
    • (1984) Review of Economic Studies , vol.51 , pp. 393-414
    • Diamond, D.1
  • 15
    • 85010390101 scopus 로고
    • Bank runs, deposit insurance, and liquidity
    • June
    • Diamond, Douglas, and Philip Dybvig. "Bank Runs, Deposit Insurance, and Liquidity." Journal of Political Economy 91 (June 1983), 401-19.
    • (1983) Journal of Political Economy , vol.91 , pp. 401-419
    • Diamond, D.1    Dybvig, P.2
  • 16
    • 0000204482 scopus 로고
    • Bank reform and behavior in Central Europe
    • Dittus, Peter. "Bank Reform and Behavior in Central Europe." Journal of Comparative Economics 19 (1994), 335-61.
    • (1994) Journal of Comparative Economics , vol.19 , pp. 335-361
    • Dittus, P.1
  • 17
    • 0003802760 scopus 로고
    • London: EBRD
    • European Bank for Reconstruction and Development (EBRD). Transition Report. London: EBRD, 1994.
    • (1994) Transition Report
  • 18
    • 0003802760 scopus 로고
    • London: EBRD
    • _. Transition Report. London: EBRD, 1995.
    • (1995) Transition Report
  • 19
    • 0041043619 scopus 로고
    • Payment system reform in formerly centrally planned economies
    • edited by Gerard Caprio, David Folkerts-Landau and Timothy Lane, Washington, D.C.: International Monetary Fund
    • Folkerts-Landau, David, Peter Garber, and Timothy Lane. "Payment System Reform in Formerly Centrally Planned Economies." In Building Sound Finance in Emerging Market Economies, edited by Gerard Caprio, David Folkerts-Landau and Timothy Lane, pp. 91-112. Washington, D.C.: International Monetary Fund, 1994.
    • (1994) Building Sound Finance in Emerging Market Economies , pp. 91-112
    • Folkerts-Landau, D.1    Garber, P.2    Lane, T.3
  • 21
    • 84977718682 scopus 로고
    • Financial intermediaries and liquidity creation
    • March
    • Gorton, Gary, and George Pennacchi. "Financial Intermediaries and Liquidity Creation." Journal of Finance 45 (March 1990), 49-72.
    • (1990) Journal of Finance , vol.45 , pp. 49-72
    • Gorton, G.1    Pennacchi, G.2
  • 24
    • 0041043587 scopus 로고    scopus 로고
    • Liquidity provision and the social cost of bank capital
    • Northwestern University, October
    • _. "Liquidity Provision and the Social Cost of Bank Capital." Finance Department Working paper no. 236, Northwestern University, October 1997.
    • (1997) Finance Department Working Paper , vol.236
  • 25
    • 0001131377 scopus 로고
    • Some evidence on the uniqueness of bank loans
    • James, Christopher. "Some Evidence on the Uniqueness of Bank Loans." Journal of Financial Economics 19 (1987), 217-35.
    • (1987) Journal of Financial Economics , vol.19 , pp. 217-235
    • James, C.1
  • 27
    • 0011629996 scopus 로고
    • Banking sector reform in central and eastern Europe
    • Study Papers submitted to the Joint Economic Committee Congress of the United States, 103rd Congress, 2nd Session. Washington, D.C.: U.S. Government Printing Office
    • Marrese, Michael. "Banking Sector Reform in Central and Eastern Europe." In East-European Economies in Transition, Study Papers submitted to the Joint Economic Committee Congress of the United States, 103rd Congress, 2nd Session. Washington, D.C.: U.S. Government Printing Office, 1994.
    • (1994) East-European Economies in Transition
    • Marrese, M.1
  • 28
    • 0008700124 scopus 로고    scopus 로고
    • Transactional structures of bank privatization in central Europe and Russia
    • August
    • Meyendorff, Anna, and Edward A. Snyder. "Transactional Structures of Bank Privatization in Central Europe and Russia." Journal of Comparative Economics 25 (August 1997), 5-30.
    • (1997) Journal of Comparative Economics , vol.25 , pp. 5-30
    • Meyendorff, A.1    Snyder, E.A.2
  • 32
    • 84977702514 scopus 로고
    • Insiders and outsiders: The choice between informed and arm's length debt
    • September
    • Rajan, Raghuram. "Insiders and Outsiders: The Choice between Informed and Arm's Length Debt." Journal of Finance 47 (September 1992), 1367-1400.
    • (1992) Journal of Finance , vol.47 , pp. 1367-1400
    • Rajan, R.1
  • 33
    • 57349098527 scopus 로고
    • Information reliability and a theory of financial intermediation
    • Ramakrishnan, Ram, and Anjan Thakor. "Information Reliability and a Theory of Financial Intermediation." Review of Economic Studies 52 (1984), 415-32.
    • (1984) Review of Economic Studies , vol.52 , pp. 415-432
    • Ramakrishnan, R.1    Thakor, A.2
  • 34
    • 0000886285 scopus 로고
    • Banking sector and restructuring in eastern Europe
    • Saunders, Anthony, and Andrea Sommariva. "Banking Sector and Restructuring in Eastern Europe." Journal of Banking and Finance 17 (1993), 931-57.
    • (1993) Journal of Banking and Finance , vol.17 , pp. 931-957
    • Saunders, A.1    Sommariva, A.2
  • 35
    • 84977733424 scopus 로고
    • Asymmetric information, bank lending, and implicit contracts: A stylized model of customer relationships
    • Sharpe, Steven A. "Asymmetric Information, Bank Lending, and Implicit Contracts: A Stylized Model of Customer Relationships." Journal of Finance 45 (1990), 1069-87.
    • (1990) Journal of Finance , vol.45 , pp. 1069-1087
    • Sharpe, S.A.1
  • 36
    • 84993907263 scopus 로고
    • The value of bank durability borrowers as bank stakeholders
    • Slovin, Myron, Marie Sushka, and John Polonchek. "The Value of Bank Durability Borrowers as Bank Stakeholders." Journal of Finance 48 (1993), 247-66.
    • (1993) Journal of Finance , vol.48 , pp. 247-266
    • Slovin, M.1    Sushka, M.2    Polonchek, J.3
  • 37
    • 0039264924 scopus 로고
    • The Russian payment system
    • edited by Gerard Caprio, David Folkerts-Landau, and Timothy Lane, Washington, D.C.: International Monetary Fund
    • Summers, Bruce. "The Russian Payment System." In Building Sound Finance in Emerging Market Economies, edited by Gerard Caprio, David Folkerts-Landau, and Timothy Lane, pp. 133-28. Washington, D.C.: International Monetary Fund, 1994.
    • (1994) Building Sound Finance in Emerging Market Economies , pp. 133-228
    • Summers, B.1
  • 39
    • 20744434519 scopus 로고
    • Eastern Europe's experience with banking reform: Is there a role for banks in the transition?
    • Thorne, Alfredo. "Eastern Europe's Experience with Banking Reform: Is There a Role for Banks in the Transition?" Journal of Banking and Finance 17 (1993), 959-1000.
    • (1993) Journal of Banking and Finance , vol.17 , pp. 959-1000
    • Thorne, A.1
  • 42
    • 0039264922 scopus 로고    scopus 로고
    • Competition among financial intermediaries when diversification matters
    • forthcoming
    • Winton, Andrew. "Competition among Financial Intermediaries When Diversification Matters." Journal of Financial Intermediation (1998), forthcoming.
    • (1998) Journal of Financial Intermediation
    • Winton, A.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.