TY - JOUR
T1 - Banking system concentration and unemployment in developing countries
AU - Feldmann, Horst
PY - 2015/1
Y1 - 2015/1
N2 - This paper studies the effect of banking system concentration on unemployment in developing countries. Using data on 42 developing countries, it finds that more concentration increased unemployment over the period 1987-2007. The magnitude of the effect is substantial. The result is robust to both endogeneity of the bank concentration variable and numerous variations in specification. It is important because many developing countries are characterized by high levels of both banking system concentration and unemployment.
AB - This paper studies the effect of banking system concentration on unemployment in developing countries. Using data on 42 developing countries, it finds that more concentration increased unemployment over the period 1987-2007. The magnitude of the effect is substantial. The result is robust to both endogeneity of the bank concentration variable and numerous variations in specification. It is important because many developing countries are characterized by high levels of both banking system concentration and unemployment.
KW - Banking system concentration
KW - Labor market performance
KW - Unemployment
UR - http://www.scopus.com/inward/record.url?scp=84908638653&partnerID=8YFLogxK
UR - http://dx.doi.org/10.1016/j.jeconbus.2014.08.002
U2 - 10.1016/j.jeconbus.2014.08.002
DO - 10.1016/j.jeconbus.2014.08.002
M3 - Article
AN - SCOPUS:84908638653
SN - 0148-6195
VL - 77
SP - 60
EP - 78
JO - Journal of Economics and Business
JF - Journal of Economics and Business
ER -
