and toward Western European levels. By 2008 efficiency gains had produced cost savings totaling US$349 million. The …

"Under the traditional "competition-fragility" view, more bank competition erodes market power, decreases profit … margins, and results in reduced franchise value that encourages bank risk taking. Under the alternative "competition … suggest that - consistent with the traditional "competition-fragility" view - banks with a greater degree of market power also …

Competition can drive productivity growth in Kosovo, especially in the context of the post-Coronavirus disease 2019 … recover from economic shocks more quickly. Competition in product markets can also prop-up economic recovery in a more … inclusive way for the poorest households. Kosovo has made significant progress towards pro-competition regulation of product …

"The home equity bias is one of the many puzzles existing in international finance. This puzzle is characterized by the …-Ortega tries to explain the effect of asymmetric information in the home equity bias puzzle. While asymmetric information helps to … also consistent with home equity bias reversals. One proposition generalizes these results. Simulations corroborate the …