first extend existing theory to characterize the roles of imperfect competition and product differentiation, then …

potential to increase cost efficiency and competition in the banking system …

-period model of spatial competition. All lenders face uncertainty with regard to borrowers’ creditworthiness, but, in the process …

We examine how bank competition in the run-up to the 2007-2009 crisis affects banks' systemic risk during the crisis … competition at the industry level lead to higher realized systemic risk. The results suggest that the use of securitization …

In this paper we study how competition and financial soundness affect financial inclusion in Sub-Saharan Africa (SSA …). 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 …