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Political Influence and Declarations of Bank Insolvency in Japan

✍ Scribed by MASAMI IMAI

Book ID
109146949
Publisher
John Wiley and Sons
Year
2009
Tongue
English
Weight
426 KB
Volume
41
Category
Article
ISSN
0022-2879

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Government ownership of banks is very common in countries other than the United States. This paper provides cross-country, bank-level empirical evidence about political influences on these banks. It shows that government-owned banks increase their lending in election years relative to private banks.