چگونه رقابت بانکی، مقررات و موسسات تاثیر واقعی بحران های بانکی را شکل می دهد؟ شواهد بین المللی

► We analyze how bank competition, regulation, and institutions affect the real effect of banking crises. ► Bank market power does not mitigate, on average, the negative real effects of banking crises. ► Bank market power with stringent capital requirements foster growth during crisis periods. ► Bank market power with poor protection of creditor rights foster growth during banking crises.