Effects of bank privatisation
Presented by Krisztina Orban
What is the nature of financial frictions when an economy’s banking system is majority state owned and run relative to being private owned and run?
I answer this question using a quasi-experiment related to one of the largest scale bank privatisations in history, those that took place in Eastern-Europe starting in the 1990s. I hand collect Hungarian data on the universe of banks, their branching decisions over several decades, bank-firm relationships, and match these with administrative data on firms’ balance sheets.
Using this data, I answer the question what decisions firms alter, and what productivity consequences emerge, as firms are faced with the exogenous shock of their bank turning private owned and run relative to being state owned and run.
SoDa Labs webinar series
The SoDa Labs webinar series provides a platform for researchers around the world to present work that uses novel and alternative data and/or tools from data science and beyond to answer social science questions.
Event Details
- Date:
- 1 September 2020 at 9:30 am – 10:30 am
- Venue:
- Online
- Categories:
- Economics; Econometrics and Business Statistics; General
Description
Presented by Krisztina Orban
What is the nature of financial frictions when an economy’s banking system is majority state owned and run relative to being private owned and run?
I answer this question using a quasi-experiment related to one of the largest scale bank privatisations in history, those that took place in Eastern-Europe starting in the 1990s. I hand collect Hungarian data on the universe of banks, their branching decisions over several decades, bank-firm relationships, and match these with administrative data on firms’ balance sheets.
Using this data, I answer the question what decisions firms alter, and what productivity consequences emerge, as firms are faced with the exogenous shock of their bank turning private owned and run relative to being state owned and run.
SoDa Labs webinar series
The SoDa Labs webinar series provides a platform for researchers around the world to present work that uses novel and alternative data and/or tools from data science and beyond to answer social science questions.
Event Contact
- Name
- SoDaLabs@monash.edu
- Phone
- Organisation