credit markets using a unique data set before and after deregulation of the Italian banking industry. We estimate an entry …During the last decades there has been a widespread relaxation of legal entry barriers into the banking industry, with … removed and branching has been substantially liberalized. This paper analyzes the determinants of entry decisions into local …

We examine the determinants of entry into Italian local banking markets during the period 1991-2002 and build a simple … that are closest to their pre-entry locations. We also find that large banks are more able to cope with distance …-related entry costs than small banks. Finally, we show that banks have become increasingly able to open branches in distant markets …

shifts in market shares; deregulation has fostered entry in local credit markets and branch expansion, which in turn have … credit from local banks. In this paper we investigate the consequences of consolidation and entry for these borrowers … banks portfolios. Entry has a relatively persistent negative impact on credit supply to small and medium-sized firms. Our …

investigates under what conditions increased entry of experts increases their incentives to exert effort. The results of the model … can be applied to examine the effects of entry into the markets for doctors, lawyers, professional consultancies. …