Fungáčová, Zuzana; Solanko, Laura; Weill, Laurent - In: Journal of Banking & Finance 49 (2014) C, pp. 356-366
This paper examines how competition influences the bank lending channel in the euro area countries. Using a large panel of banks from 12 euro area countries for the period 2002–2010 we analyze the reaction of loan supply to monetary policy actions depending on the degree of bank competition....