We study the adverse selection problem in imperfectly competitive credit markets and illustrate the circumstances where … concerning the banks. Separation obtains in market segments where the ‘high risk’ borrowers receive credit from their preferred … bank. The ‘low risk’ borrowers choose the ex-ante less-preferred bank that offers loan contracts with lower interest rates …

paper is among the first to apply this methodology on a detailed, bank-level dataset from the retail banking sector. It …This paper tests market power in the banking industry. Price-cost margins predicted by different oligopoly models are …

The 5th joint SUERF/Bank of Finland joint conference was held in Helsinki on 13 June 2013. The general theme of the … banking ("Volcker, Vickers and Liikanen") could still complement them. The working hypothesis for the conference was that …

We examine the connection between the number of bank relationships and firms’ performance using a unique data set on … on assets decrease as the number of bank relationships increases, the effects being stronger for small firms than for …. Particularly for small firms, these results are consistent with finding that suggest that having fewer bank relationships reduces …