This study investigates the bank competition-stability nexus using a unique regulatory dataset provided by the Deutsche …-varying characteristics of banks which are likely to influence the competition-risk taking channel. Third, we include different measures of … competition, contestability and market power, each corresponding to a different contextual level of a bank's competitive …

in question. Thus, an ex post competition policy approach would be preferable to a strict ex ante prohibition of NN …

empirically that both mechanisms perform poorly with regard to two key desiderata such as efficiency and equality, even in large …