The Impact of Banking Sector Reform in a Transition Economy : Evidence from Kyrgyzstan
We examine the impact of financial sector reform on interest rate levels and spreads using Kyrgyz bank-level data from 1998 to 2005. We find that, in addition to macroeconomic stabilization, structural reforms to the banking sector significantly contributed to lower interest rates. In particular, ou...
Main Authors: | , , , |
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Language: | EN |
Published: |
2012
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Subjects: | |
Online Access: | http://hdl.handle.net/10986/5462 |