leuvensteijn, M. van; Sorensen, C. Kok; Bikker, J.A.; … - de Nederlandsche Bank - 2008
This paper analyses the impact of loan market competition on the interest rates applied by euro area banks to loans and … deposits during the 1994-2004 period, using a novel measure of competition called the Boone indicator. We find evidence that … stronger competition implies significantly lower spreads between bank and market interest rates for most loan market products …