between branches and the diffusion of e-banking services in local markets, controlling for individual bank and market … bank customers. Our results show that a high share of e-customers is associated with a reduction in revenues per customer …

find evidence of a bellshaped relationship between bank competition and firm creation. In addition, consistent with models … finding that competition may reduce the availability of credit to informationally opaque firms, we find that bank competition …

A large literature on the effects of bank consolidation focuses on direct efficiency gains for participating banks and … generated by bank consolidation. In particular, borrowers that depend on relationship-based lending may face a reduction in … investigate the full effect of bank mergers on the availability of credit for corporate borrowers by examining a large sample of …

transmission channels by which the purchases can be expected to affect economic activity and inflation. Then we assess the effects … the Bank of Italy�s quarterly model. For 2015-16 the purchase programme can be expected to make a significant … government securities and bank loans. These effects are comparable in magnitude to those found by studies on the securities …

In the past decade changes in oil prices have played a significant role in shaping inflation dynamics in the US and in …

for their average is important for better monitoring and forecasting of inflation in the euro area. In this paper we seek …