We consider a general equilibrium model with frictions in credit markets used by households. Inour economy, houses …

In the view of most policymakers and economists,competition in retail banking takes place in localmarkets covering a …, studies ofthe competitiveness of banking markets generally focus ondevelopments at the local level: for example …, researchersand regulatory agencies assessing the effects of bank mergerson competition will examine the degree to whichdeposits in a …

incentivesof bank managers toward assuming greater risk inan effort to maintain former profit levels. For example,banks might make …

argues that it is during this decade that the Netherlands experienced her one and only traditional banking crisis from 1600 … to the present day, and after which her short-lived experiment with a system of universal banking came to an end. By … two similar-sized banks operating in the Netherlands in the 1920s: the Amsterdamsche Bank and the Rotterdamsche …