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S. M., Abbas ; Raphael, Espinoza. (2016) Why Do Banks in Developing Countries Hold Government Securities?.
In: UCL SSEES Economics and Business working paper series. RePEc:see:wpaper:2016:1.
Full description at Econpapers
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Table 5. Herfindahl indices for total deposits and government securities holdings Bankscope data (1995-2005) Deposits Government securities Higher income countries 0.08 0.13 Lower income countries 0.27 0.28 Latin America 0.12 0.24 Central and Eastern Europe 0.22 0.29 Middle East 0.26 0.28 Asia 0.28 0.26 Caribbean 0.31 0.44 Sub-Saharan Africa 0.33 0.48 Note: Herfindahl indices (HI) were generated for each "country-year", medianed over 19952005, and then "medianed" over country-groups. The index for deposits for a particular countryyear (say India-2004) was computed as: Σ(si/Σi si)2 ; where si is Indian bank i's dollar holding of deposits in 2004. Herfindahl indices exceeding 0.18 are usually indicative of high concentration (and hence, potential market power).
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