How do firms in high-income countries adjust to emerging market competition? We estimate how a representative panel of … more differentiated firms that survive the increase in competition have better performance ex-post, but are ex-ante more …

prices to retail pharmacies, plausibly because uncertain quality leads to competition on brand rather than price. Tendered …

studying bank-specific data on lending by domestically- and foreign-owned banks in Argentina and Mexico. We find that foreign …. Overall, these findings suggest that bank health, and not ownership per se, is the critical element in the growth, volatility …, and cyclicality of bank credit. Diversity in ownership appears to contribute to greater stability of credit in times of …

pre-crisis data, in order to study the impact of government guarantees on bank performance during a crisis. Using bank … private sector bank branches in districts with greater exposure to state-owned banks experienced deposit withdrawals and … shortening of deposit maturity. In contrast, nearby vulnerable state-owned bank branches grew their deposit base and increased …

We use an experiment with commercial bank loan officers to test how performance based compensation affects risk …

This paper studies the impact of technological change and regulatory competition on governmental efforts to generate … to create rents by restricting the size and scope of individual banking organizations. In the second, rents come from … encourage customers to push rent-dependent banking systems into crisis. This analysis portrays the banking crises that have …

Using proprietary individual level loan data, this paper explores the economic consequences of the 2009 bank entry … corporate loans from entrant banks. Consequently, in deregulated cities, private firms with bank credit access increase asset … following deregulation. Deregulation also amplifies bank credit from productive private firms to inefficient SOEs due mainly to …

This paper finds that banks and non-banks respond differently to increased competition in consumer credit markets …. Increased competition and the greater threat of failure induces banks to specialize more in relationship business lending, and … surviving banks are more profitable. However, non-banks change their credit policy when faced with more competition and expand …

We examine the effect of US branch banking deregulations on the entry size of new firms using micro-data from the US …

taking place for retail banking. Data on cross-border retail bank flows, cross-border bank mergers and the law of one price … reveal no evidence of integration in retail banking. This paper shows that the previous tests of bank integration are weak in … role of an active market for corporate control and of competition in banking integration. European listed banks …