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far-reaching banking sector reforms undertaken in Uganda to improve competition and efficiency. Using models that have … been previously used only in industrial countries, we find that the level of competition has increased significantly and …
Persistent link: https://www.econbiz.de/10005826275
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 …
Persistent link: https://www.econbiz.de/10005826289
This paper assesses the degree of bank competition and discusses efficiency with regard to banks' financial …
Persistent link: https://www.econbiz.de/10005769091
The paper assesses the degree of banking competition and efficiency in Italy?over time as well as compared to that in … other countries, such as France, Germany, Spain, the United Kingdom, and the United States. The paper finds competition in …. The degree of competition falls within the range of estimates for a set of comparator countries. Greater contestability …
Persistent link: https://www.econbiz.de/10005769248
This paper argues that the governance framework of cooperative banks may hamper raising capital, particularly at time of distress, complicating the bank resolution process ?specially for large banks?and may not provide adequate incentives to control banks' management. Reforms should preserve the...
Persistent link: https://www.econbiz.de/10005599290
'Afrique Centrale (CEMAC) and the level of bank competition at the regional level. Using a mix of quantitative and qualitative … excess liquidity in the region. Other data also indicate that bank competition within the CEMAC as a region is limited …
Persistent link: https://www.econbiz.de/10005599544
This study reinvestigates the theoretical relationship between competition in banking and banks' exposure to risk of … failure. There is a large existing literature that concludes that when banks are confronted with increased competition, they … regulators and central bankers, causing them to take a less favorable view of competition and encouraging anti …
Persistent link: https://www.econbiz.de/10005599568
We use data for more than 2,600 European banks to test whether increased competition causes banks to hold higher … when controlling for the degree of concentration in banking systems, inter-industry competition, characteristics of the …
Persistent link: https://www.econbiz.de/10005605326
This paper investigates the degree of bank competition in the euro area, the U.S. and U.K. before and after the recent … financial crisis, and revisits the issue whether the introduction of EMU and the euro have had any impact on bank competition …. The results suggest that the level of bank competition converged across euro area countries in the wake of the EMU. The …
Persistent link: https://www.econbiz.de/10009151235
As in other sectors, competition in finance matters for allocative, productive and dynamic efficiency. Theory suggests …, however, that unfettered competition is not first best given the special features of finance. I review these analytics and … describe how to assess the degree of competition in markets for financial services. Existing research shows that the degree of …
Persistent link: https://www.econbiz.de/10005826668