Market Structure, Macroeconomic Shocks, and Banking Risk in Kenya
This paper investigates the effect of changing market structure and macroeconomic shocks on the borrowing and lending risk exposure of Kenyan commercial banks using a GMM estimation approach. Borrowing risk exposure was found not to be persistent, being mainly affected by the degree of concentration...
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Format: | Article |
Language: | English |
Published: |
SGH Warsaw School of Economics, Collegium of Economic Analysis
2016-11-01
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Series: | Econometric Research in Finance |
Online Access: | https://erfin.org/journal/index.php/erfin/article/view/6 |