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We study competitive price setting behavior in the Dutch mortgage market, using daily observations on advertised 5- and 10-year mortgage interest rates for a sample of the four largest Dutch banks. We (1) estimate a VECM model, (2) a discrete choice model and (3) a structural conjectural...
Persistent link: https://www.econbiz.de/10005030206
The three main measures of competition (HHI, Lerner Index, and H-Statistic) are uncorrelated for U.S. banks. We … investigate why this occurs, propose a frontier measure of competition, and apply it to five major bank service lines using data … only available since 2008. Fee-based banking services comprise 35% of bank revenues so assessing competition by service …
Persistent link: https://www.econbiz.de/10010596088
, it is important to maintain competition among payment service providers but data available to gauge the degree of … competition are quite limited. We propose and implement a frontierbased method to assess relative competition in bank …
Persistent link: https://www.econbiz.de/10010711999
Efficient payment services underpin the smooth operation of the economy. Competition and innovation are key drivers for … determinants that affect pricing, competition and the incentives to innovate in the payment market. While the payment landscape is …
Persistent link: https://www.econbiz.de/10010822696