Fungacova, Zuzana; Weill, Laurent - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2009
There has been a notable debate in the banking literature on the impact of bank competition on financial stability. While the dominant view sees a detrimental impact of competition on the stability of banks, this view has recently been challenged by Boyd and De Nicolo (2005) who see the reverse...