Badunenko, Oleg; Deva, Saloni; Schäfer, Dorothea; … - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2009
The paper investigates the link between bank concentration and a country's buyout market. We perform a macro level analysis for 15 European countries during 1997-2007. We estimate the elasticity of the country i's buyout market to country i's concentration in the banking sector. Our major...