Brissimis, Sophocles; Delis, Mannthos; Iosifidi, Maria - Volkswirtschaftliche Fakultät, … - 2012
This paper examines empirically the role of bank market power as an internal factor influencing banks’ reaction in … sectors over the period 1997-2010. Market power is estimated at the bank-year level, using a method that allows the efficient … estimation of marginal cost of banks also at the bank-year level. The findings show that banks with even moderate levels of …