Degryse, Hans; Ongena, Steven - In: International Journal of the Economics of Business 9 (2002) 3, pp. 401-417
structure of banking markets. In particular, the sunk cost of screening and monitoring activities and the 'informational capital … determine the height of this barrier and shape the structure of international banking markets. For example, in Scandinavia where … Southern European banking markets through direct investment. …