Similar Search Results

Regulatory competition in capital standards with selection effects among banks

Haufler, Andreas; Maier, Ulf - 2016

coordinated ones when governments care equally about bank profits, taxpayers, and consumers. …

Persistent link: https://www.econbiz.de/10011447527

Vives, Xavier - 2010

I review the state of the art of the academic theoretical and empirical literature on the potential trade-off between competition and stability in banking. There are two basic channels through which competition may increase instability: by exacerbating the coordination problem of...

Persistent link: https://www.econbiz.de/10003967776

Competition and risk taking in local bank markets : evidence from the business loans segment

Canta, Chiara; Nilsen, Øivind Anti; Ulsaker, Simen A. - 2023

unique dataset providing information about all bank loans to Norwegian firms over several years. Rather than relying on … observed market shares, we use the distance between bank branches and firms to measure the competitiveness of local markets … banks. We find that more competition leads to more risk taking. We also examine the effects of bank competition on the …

Persistent link: https://www.econbiz.de/10014284697

Competition in the international niobium market : an econometric study

Silveira, Jáilison W.; Resende, Marcelo - 2017

Niobium is a highly strategic mineral, in which Brazil holds almost all of the world's reserves followed by Canada. Niobium has an important role in steel alloys for the aerospace industry and future potential for the industry's superconductors. The present paper investigates the prevailing...

Persistent link: https://www.econbiz.de/10011743155

Do mergers among multimarket firms create value?

Linde, Sebastian; Siebert, Ralph - 2016

Merger value is frequently evaluated in single market contexts without considering possible gains stemming from firms' multimarket presence. This study concentrates on the question through which channels, and of which magnitude, mergers among multimarket firms create incremental value. We...

Persistent link: https://www.econbiz.de/10011549386

Inequality and market concentration : new evidence from Australia

Hotchin, Lachlan; Leigh, Andrew - 2024

Are excessively concentrated markets inequitable as well as inefficient? We explore this issue by analyzing the degree of market concentration in the industries where Australia's wealthiest made their fortunes. Compared with the economy at large, we find that top wealth holders have tended to...

Persistent link: https://www.econbiz.de/10014470410

Heterogeneous merger impacts on competitive outcomes

Siebert, Ralph - 2017

Mergers realize heterogeneous competitive effects on profits, production, and prices. To date, it is unclear whether differential merger outcomes are caused mostly by firms' technology or product market attributes. Furthermore, empirical merger studies conventionally assume that, conditional on...

Persistent link: https://www.econbiz.de/10011717038

Market power and welfare in asymmetric divisible good auctions

Manzano Tovar, Carolina; Vives, Xavier - 2016

We analyze a divisible good uniform-price auction that features two groups each with a finite number of identical bidders. Equilibrium is unique, and the relative market power of a group increases with the precision of its private information but declines with its transaction costs. In line with...

Persistent link: https://www.econbiz.de/10011580637

Credit market competition and liquidity crises

Elena, Carletti; Leonello, Agnese - 2014

We develop a model where banks invest in reserves and loans, and face aggregate liquidity shocks. Banks with liquidity shortage sell loans on the interbank market. Two equilibria emerge. In the no default equilibrium, all banks hold enough reserves and remain solvent. In the mixed equilibrium,...

Persistent link: https://www.econbiz.de/10010249670

Bank consolidation, interest rates, and risk : a post-merger analysis based on loan-level data from the corporate sector

Juranek, Steffen; Nilsen, Øivind Anti; Ulsaker, Simen A. - 2021

In this paper we analyse the bank merger between DnB and Gjensidige Bank in 2003, ranked by market share as number one … and number three in the Norwegian bank market. Focusing on loans to firms, our difference-in-differences analysis shows no …

Persistent link: https://www.econbiz.de/10012698803