Showing 1 - 7 of 7
While the first two pillars of the European Banking Union have been implemented, a European deposit insurance scheme (EDIS) is still not in place. To facilitate its introduction, recent proposals argue in favor of a reinsurance scheme. In this paper, we use a regime-switching open-economy DSGE...
Persistent link: https://www.econbiz.de/10012223907
Recent proposals for a still missing European deposit insurance scheme (EDIS) argue in favor of a reinsurance framework. In this paper, we use a regime-switching open-economy DSGE model with bank default to assess the relative efficiency of such a scheme. We find that reinsurance by EDIS is more...
Persistent link: https://www.econbiz.de/10014316943
(Gabaix, 2011) for the banking sector, introducing Bertrand competition and heterogeneous banks charging variable markups …
Persistent link: https://www.econbiz.de/10010225567
market power appears to be constrained by competition and largely determined by demand side factors. Finally, we find that …
Persistent link: https://www.econbiz.de/10011553026
Boone (2008a) proposes a new competition measure based on Relative Profit Differences (RPD) with superior theoretical … indicator fails to correctly indicate competition. A proposed augmented indicator based on RPDs performs better. The traditional … Lerner-Index is still the only meas-ure that correctly indicates the expected competitive changes. -- Competition ; Boone …
Persistent link: https://www.econbiz.de/10009129974
This paper analyzes the causal relationship between institutional diversity in domestic banking sectors and bank stability. We use a large bank- and country-level unbalanced panel data set covering the EU member states' banking sectors between 1998 and 2014. Constructing two distinct indicators...
Persistent link: https://www.econbiz.de/10012215264
This paper analyses the pass-through rates and their determinants of the temporary German fuel discount in 2022 at its start and its termination. Based on a unique dataset of fuel station characteristics and prices, we employ a Regression Discontinuity in Time (RDiT) methodology to estimate...
Persistent link: https://www.econbiz.de/10014560747