. Competition policy appears to have been much too lenient but theproductivity problems of British industry at this time are best …

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

two similar-sized banks operating in the Netherlands in the 1920s: the Amsterdamsche Bank and the Rotterdamsche … Bankvereeniging. Whilst the first escaped the crisis relatively unscathed, the second required assistance from the Nederlandsche Bank …, the Dutch central bank. A new and detailed narrative of one episode of the crisis using as yet unused primary sources is …

, researchersand regulatory agencies assessing the effects of bank mergerson competition will examine the degree to whichdeposits in a …In the view of most policymakers and economists,competition in retail banking takes place in localmarkets covering a …