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micro-prudential issues and aim at reducing conflicts of interest and increasing transparency and competition. In contrast …
Persistent link: https://www.econbiz.de/10014403058
Persistent link: https://www.econbiz.de/10009424798
This paper investigates the degree of bank competition in the euro area, the U.S. and U.K. before and after the recent … financial crisis, and revisits the issue whether the introduction of EMU and the euro have had any impact on bank competition …. The results suggest that the level of bank competition converged across euro area countries in the wake of the EMU. The …
Persistent link: https://www.econbiz.de/10014399229
power in global markets. First, competition has declined around the world, measured as a moderate increase in average firm …
Persistent link: https://www.econbiz.de/10012019850
We examine the extent to which regulations of entry and credit access are related to competition using data on 28 … competition, as proxied by the price-cost margin, in the industries with a naturally high entry rate. Rigid entry regulations are … exerting a positive effect on competition. These results suggest that incumbent firms are likely to enjoy the rent and market …
Persistent link: https://www.econbiz.de/10011848240
This paper analyzes the effects of product market reforms in the short and medium term across 10 regulated industries and 18 advanced economies for the period 1998-2013 using internationally comparable firm-level data based on Orbis. It provides four key insights. First, product market reforms...
Persistent link: https://www.econbiz.de/10011711526
participation in the World Trade Organization, or, more controversially, some form of bilateral punishment, may be used …
Persistent link: https://www.econbiz.de/10014401239
for competition in 38 countries during 1980-2003, we present evidence that more competitive banking systems are less prone …
Persistent link: https://www.econbiz.de/10014402240
Using a sample of 97 countries spanning the period 1980?2008, we estimate that financial crises have a large negative impact on unemployment in the short term, but that this effect rapidly disappears in the medium term in countries with flexible labor market institutions, whereas the impact of...
Persistent link: https://www.econbiz.de/10009572447
This paper introduces a comprehensive database on bank ownership for 137 countries over 1995-2009, and reviews foreign bank behavior and impact. It documents substantial increases in foreign bank presence, with many more home and host countries. Current market shares of foreign banks average 20...
Persistent link: https://www.econbiz.de/10009424698