This paper investigates the empirical relationship between competition in the financial sector and the creation of … firms in the non-financial sector. It finds that bank competition has an overall positive effect on firm creation. However …, consistent with theories of banking arguing that competition may reduce the availability of credit to informationally opaque …

smaller bank size. Overall, we find that concentrated market structures and lack of competition in LICs banking systems and … provide strong evidence that policies aimed at fostering banking competition and strengthening institutional frameworks can …

has encouraged more competition in merchandise manufacturing and heavy industries while barriers to market access remain …

This technical note analyzes the competition in the banking sector in Denmark. It reveals that Denmark has a fairly …

private companies. Under these schemes, competition plays a key role, keeping prices low, a good quality of service, and an …

In this paper, we explore how competition among stock exchanges, operated as self-regulatory organizations (SROs … incomplete and investors do not have perfect information about the monitoring efficiency, competition among exchanges induces a …

Traditional bank competition policy seeks to balance efficiency with incentives to take risk. The main tools are rules … seek to affect the degree of competition by focusing on market structure (i.e. concentration) may have limited effect. We … argue that bank competition policy should be reoriented to deal with the too-big-to-fail (TBTF) problem. It should also …