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Author:Moore, Robert R. 

Journal Article
Banks as real estate brokers -- letting free enterprise work

Southwest Economy , Issue May , Pages 1, 9-12

Working Paper
The role of bank capital in bank loan growth: market and accounting measures

Financial Industry Studies Working Paper , Paper 92-3

Working Paper
Credit conditions and macroeconomic activity: evidence from Mexico

Financial Industry Studies Working Paper , Paper 93-4

Working Paper
Relative price variability and inflation: inter and intracity evidence from Brazil in the 1980's

Financial Industry Studies Working Paper , Paper 91-3

Journal Article
Small banks' competitors loom large

Southwest Economy , Issue Jan , Pages 1, 9-13

Working Paper
Financial liberalization, market discipline and bank risk

In the literature on systemic banking crises, two common themes are: (1) Risky lending often follows bank liberalization. (2) Lack of market discipline encourages risky lending. That not all liberalizations are followed by financial crisis and that financial systems without market discipline sometimes operate without incident invites examination of these themes. In a test of six countries, we find that our measure of bank risk increases significantly in the wake of financial liberalizations, but only where depositors fail to discipline banks. Our measures of market discipline and bank risk, ...
Center for Latin America Working Papers , Paper 0303

Working Paper
When does financial liberalization make banks risky? : an empirical examination of Argentina, Canada and Mexico

In the literature on systemic banking crises, two common themes are: (1) lack of market discipline encourages risky lending and (2) financial liberalization or privatization lead to risky lending. However, there is evidence to suggest that neither financial liberalization nor weak market discipline always precedes risky lending. We test for depositor discipline and, separately for post-liberalization or post-privatization risky lending in Argentina, Canada, and Mexico. In the countries without market discipline, lending risk increases significantly in the wake of liberalization. Where ...
Center for Latin America Working Papers , Paper 0399

Journal Article
Can the stock market tell bank supervisors anything they don't already know?

This article provides evidence consistent with recent policy proposals calling for a greater role for market forces in promoting a safe and sound financial system. The authors' empirical results indicate a measure of expected default probability distilled from equity prices helps predict the financial condition of individual banking organizations, as reflected in their supervisory ratings. Moreover, the stock market data have predictive power over and above the information in the quarterly financial statements available to supervisors between inspections. These findings suggest financial ...
Economic and Financial Policy Review , Issue Q II , Pages 2-9

Working Paper
When does financial liberalization make banks risky? an empirical examination of Argentina, Canada and Mexico

In the literature on systemic banking crises, two common themes are: (1) lack of market discipline encourages risky lending and (2) financial liberalization or privatization lead to risky lending. However, there is evidence to suggest that neither financial liberalization nor weak market discipline always precedes risky lending. We test for depositor discipline and, separately for post-liberalization or post-privatization risky lending in Argentina, Canada, and Mexico. In the countries without market discipline, lending risk increases significantly in the wake of liberalization. Where ...
Working Papers , Paper 9905

Working Paper
Asymmetric information, repeated lending, and capital structure

Financial Industry Studies Working Paper , Paper 91-2

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