Profitability of Western European banking systems: panel evidence on structural and cyclical determinants

Research, Preprint OPEN
Beckmann, Rainer; (2007)
  • Publisher: Frankfurt a. M.: Deutsche Bundesbank
  • Subject: Konjunktur | E32 | Bankensystem | bank profits,financial structure,business cycle | G21 | financial structure | Finanzmarkt | business cycle | L11 | bank profits | Westeuropa | Bank | Rentabilit├Ąt | Kapitalstruktur
    • jel: jel:E32 | jel:G21 | jel:L11
      ddc: ddc:330

This paper analyses structural and cyclical determinants of banking profitability in 16 Western European countries. We find that financial structure matters, particularly through the beneficial effect of the capital market orientation in the respective national financia... View more
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