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The COVID-19 pandemic could result in large government interventions in the banking industry. To shed light on the possible consequences on market power, we rely on the experience of the global financial crisis and exploit granular data on government interventions in more than 800 banks across...
Persistent link: https://www.econbiz.de/10013250086
). We use detailed individual-level survey data, combined with key country-level indicators of bank competition and …, and bank loans). We find that more competition tends to increase the probability of access to these financial products. On …In this paper we study how competition and financial soundness affect financial inclusion in Sub-Saharan Africa (SSA …
Persistent link: https://www.econbiz.de/10012895126
We examine how bank competition in the run-up to the 2007-2009 crisis affects banks' systemic risk during the crisis …. We then investigate whether this effect is influenced by two key bank characteristics: securitization and bank capital …. Using a sample of the largest listed banks from 15 countries, we find that greater market power at the bank level and higher …
Persistent link: https://www.econbiz.de/10012865123
The paper analyzes the relationship between bank competition and stability, with a specific focus on the Middle East … and North Africa. Price competition has a positive effect on bank liquidity, as it induces self-discipline incentives on … banks for the choice of bank funding sources and for the holding of liquid assets. On the other hand, price competition may …
Persistent link: https://www.econbiz.de/10013011203
analyzes the implications of these challenges on bank competitveness, and explores the factors that could support digital … infrastructure, a strong legal and business environment, and healthy competition. Nonetheless, some digital leaders may fall behind … active fintech and bigtech companies, and weak bank balance sheets …
Persistent link: https://www.econbiz.de/10013226448
Bank competition can induce excessive risk taking due to risk shifting. This paper tests this hypothesis using micro …
Persistent link: https://www.econbiz.de/10012912505
approaches and prudential considerations in fostering financial innovation and banking sector competition …
Persistent link: https://www.econbiz.de/10013305629
This paper develops a model where large financial intermediaries subject to systemic runs internalize the effect of their leverage on aggregate risk, returns and asset prices. Near the steady-state, they restrict leverage to avoid the risk of a run which gives rise to an accelerator effect. For...
Persistent link: https://www.econbiz.de/10013305673
Lenders can exploit households' payment data to infer their creditworthiness. When households value privacy, they then face a tradeoff between protecting such privacy and credit conditions. We study how the introduction of an informationally more intrusive digital payment vehicle affects...
Persistent link: https://www.econbiz.de/10014353892
Community (EAC) countries2. The results show that the degree of competition is low due to a combination of structural and socio …
Persistent link: https://www.econbiz.de/10013111386