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removing barriers to bank entry on bank competition and economic growth. As governments were not concerned about systemic … stability in this period, we are able to isolate the effects of bank competition from those of state implicit guarantees. We … states that retained state bank chartering policies. We argue that the fiercer bank competition following the introduction of …
Persistent link: https://www.econbiz.de/10010227307
the current analysis we investigate the effects of the deregulation during that 1993-1995 period using a recently … show a picture of increased speed. The deregulation of the Dutch retail industry seems therefore to have enlarged market …
Persistent link: https://www.econbiz.de/10011302129
We assess the influence of competition and capital regulation on the stability of the banking system. We particularly … ask two questions: i) how does capital regulation affect (endogenous) entry; and ii) how do (exogenous) changes in the … competitive environment affect bank monitoring choices and the effectiveness of capital regulation? Our approach deviates from the …
Persistent link: https://www.econbiz.de/10011348715
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Sunday shop opening is deregulated to the municipal level in the Netherlands. Despite positive effects on economic growth and employment, many municipalities restrict Sunday shop opening. Based on 2003 data we show that diverse local characteristics, like the size of municipalities and religious...
Persistent link: https://www.econbiz.de/10011348350
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An expected utility based cost-benefit analysis is in general fragile to its distributional assumptions. We derive necessary and sufficient conditions on the utility function of the expected utility model to avoid this. The conditions ensure that expected (marginal) utility remains finite also...
Persistent link: https://www.econbiz.de/10010412466
competition, akin to the competition in wholesale electricity markets. An acute form of market power may arise if a supplier is …
Persistent link: https://www.econbiz.de/10011383176