The housing boom that preceded the Great Recession was due to an increase in credit supply driven by looser lending … at the peak of the lending cycle triggers a fall in home prices in our framework, providing a novel perspective on the …

has exposed community banks to intensified competition on the one hand, but on the other hand has left well …

, this paper explores whether changes in bank competition have in fact played a role on the market structure of non … industries, across countries or related to time passing. The evidence suggests that the overall process of enhanced competition …

We use matched, bank-level panel data on Libor submissions and credit default swaps to decompose bank-funding spreads … at several maturities into components reflecting counterparty credit risk and funding-market liquidity. To account for … longer maturities, credit risk explains much of the time variation in Libor, reflecting in part fluctuations in the degree to …

in mortgage interest rates precisely at the HARP eligibility threshold. Our results suggest that limiting competition … results are distinct from documented effects of consolidation and capacity reduction in mortgage lending and are robust to a …