Documents & Reports

Bank-based and market-based financial systems - cross-country comparisons (English)

Abstract

What are the relative advantages and disadvantages of bank-based financial systems (as in Germany and Japan) and market-based financial systems (as in England and the United States). Does financial structure matter? In bank-based systems banks play a ... See More +

Details

  • Demirguc-Kunt, Asli; Levine, Ross;
  • 1999/07/31
  • Policy Research Working Paper
  • WPS2143
  • 1
  • 1
  • 2010/07/01
  • Bank-based and market-based financial systems - cross-country comparisons
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