addition to general sluggishness, bank deposit rates’ reactions are clearly asymmetric: flexible when market rates are …

paper is among the first to apply this methodology on a detailed, bank-level dataset from the retail banking sector. It …

customer of the larger bank uses mainly intrabank payment services; these services are assumed to be of high quality. This … creates a so-called network externality, meaning that many customers prefer to use the large bank for quality reasons. The … development of interbank payment systems reduces the significance of this factor and hence benefits the small bank. A big bank has …

bank. The ‘low risk’ borrowers choose the ex-ante less-preferred bank that offers loan contracts with lower interest rates …. The availability of credit will be maximized under an intermediate level of competition, a prediction that is supported by …

of conduct, related markups and intensity of competition. We develop a cointegrated VAR (vector autoregression) based …

Recent cross-country comparisons of bank efficiency have been based on pooled estimates of banks across countries and … technical efficiency is a significant deterrence to foreign competition. …

competition and consumer protection policies as well as direct interventions discouraging large value cash payments would be …

This paper examines what institutional and bank-specific factors determine bank stock price synchronicity. Using data … on 37 countries from 1996–2007, we find that bank stocks are more aligned with the whole market (1) during the financial … insurance; and (4) in countries that have lower bank-level disclosure. The results hold for both emerging and developed economy …