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of the services provided when assessing the degree of banking competition. While a simple approach based on estimating … the price elasticity of the residual supply of deposit funds faced by banks does not reveal any increase in competition … proxy the quality of the different services embedded in a bank deposit. …
Persistent link: https://www.econbiz.de/10005155208
countries. The main focus is placed on the influence of competition on the degree of price flexibility. Our results suggest that … practice, for greater flexibility in their prices. The direct influence of market competition on price flexibility is …
Persistent link: https://www.econbiz.de/10005155306
This paper forms part of the research on the transmission of monetary policy via the interest rates of Spanish banks and savings banks, analysed from a disaggregated perspective. In this respect, it considers structural factors that cannot be taken into account in more aggregated studies, as for...
Persistent link: https://www.econbiz.de/10005155225
. Many empirical studies suggest that financial reform promoted bank competition in most mature and emerging economies …. However, some earlier studies that adopted conventional approaches to measure competition concluded that bank competition in … Panzar- Rosse H-statistic fail to measure competition in Chinese loan markets properly due to the system of interest rate …
Persistent link: https://www.econbiz.de/10010862252
approach is able to measure competition of bank market segments, such as the loan market, whereas many well-known measures of … ignores differences in bank product quality and design, as well as the attractiveness of innovations. We measure competition …This paper is the first that applies a new measure of competition, the Boone indicator, to the banking industry. This …
Persistent link: https://www.econbiz.de/10005022263
The aim of this paper is to assess the level of competition prevailing in the Spanish banking system. The current … banks. In both settings, a noteworthy increase in the degree of competition is identified at the turn of the eighties, when … hypothesis which states that concentration impairs competition. …
Persistent link: https://www.econbiz.de/10005022271
stronger competition implies significantly lower spreads between bank and market interest rates for most loan market products … where competitive pressures are stronger. Further, where loan market competition is stronger, we observe larger bank spreads …This paper analyses the impact of loan market competition on the interest rates applied by euro area banks to loans and …
Persistent link: https://www.econbiz.de/10005022279
This paper investigates the relationship between credit market competition and the availability of bank credit for ….Therefore market power in credit markets and collateral appear as substitutes to increase the availability of bank finance under …
Persistent link: https://www.econbiz.de/10005022289
The New Keynesian Phillips Curve (NKPC) is now the dominant model of inflation dynamics. In recent years, a large body of empirical research has documented price-setting behaviour at the individual level, allowing the assessment of the micro-foundations of pricing models. This paper analyses the...
Persistent link: https://www.econbiz.de/10005022270
This paper documents producer price setting in 6 countries of the euro area: Germany, France, Italy, Spain, Belgium and … examines the factors driving producer price changes. It finds that costs structure, competition, seasonality, inflation and …
Persistent link: https://www.econbiz.de/10005022294