Banking is often modelled as a black box – especially banks in emerging markets where details of bank operations are less widely appreciated. To help open up the black box, the latest VoxEU eBook, Understanding Banks in Emerging Markets: Observing, Asking, or Experimenting?, brings together scholars who shed light on the problem in three ways: (i) observing the bank and its behaviour from the outside; (ii) opening up the box by asking CEOs, loan officers, and bank clients specific questions; and (iii) prising open the bank through (framed) field experiments.
The eBook summarises key findings from papers presented at a conference held last month at the EBRD in London. The conference was organised by the European Banking Center at Tilburg University, the EBRD, the Review of Finance, and the CEPR.
To download the eBook click here.