Keywords: SEM
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Journal Articles
Studies in Economics and Finance (2023) 40 (2): 354–372.
Published: 04 August 2022
...) to adopt a simultaneous equations model (SEM) combined with three-stage least squares (3SLS) estimator to examine the interrelationships between bank risk and market discipline because this approach is considered more efficient than others. The results show the existence of a bidirectional relationship...

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