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M.A. Carree (Martin)

2000-07-07

Interest and Hazard Rates of Russian Saving Banks

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Publication

The number of (registered) commercial banks in Russia increased at a fast pace after the 1988 banking reform. Many of these banks lacked supervision and operated with dangerously low funding capital. In this paper we investigate the determinants of the hazard rates of banks active on the Moscovian deposits market during the 1994-97 period. We find that market share and duration have had a negative effect on the hazard rate, while the interest rate offered has had a positive effect.

Additional Metadata
Keywords banking, hazard rates, transition economies
JEL Banks; Other Depository Institutions; Mortgages (jel G21), Firm Objectives, Organization, and Behavior: General (jel L20), Business Administration and Business Economics; Marketing; Accounting (jel M), Financial Economics (jel P34)
Publisher Erasmus Research Institute of Management
Persistent URL hdl.handle.net/1765/37
Series ERIM Report Series Research in Management
Rights Copyright 2000, M.A. Carree, This report in the ERIM Report Series Research in Management is intended as a means to communicate the results of recent research to academic colleagues and other interested parties. All reports are considered as preliminary and subject to possibly major revisions. This applies equally to opinions expressed, theories developed, and data used. Therefore, comments and suggestions are welcome and should be directed to the authors.
Organisation Erasmus Research Institute of Management
Citation
Carree, M. (2000). Interest and Hazard Rates of Russian Saving Banks (No. ERS-2000-26-STR). ERIM Report Series Research in Management. Retrieved from http://hdl.handle.net/1765/37
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