We construct a dynamic neoclassical model of banking capital where the dynamics are governed by the process of financial capital accumulation and credit risk realizations in a structure where stylized banking characteristics are maintained. This is aimed at focusing on how the...

The distinction between retail and corporate banking markets is of much importance in real life banking organizations. The two markets differ with respect to concentration, the importance of informational asymmetries, and the extent of customer mobility. Within a standard conjectural variation...

The main purpose of this paper is to incorporate the oligopolistic nature of the banking industry into the (conventional) production model in order to contribute to the empirical literature on the structure, conduct and performance in banking and to achieve unbiased measures of scale economies...