Bouvatier, Vincent; Lopez-Villavicencio, Antonia; … - Centre d'études prospectives et d'informations … - 2010
This paper investigates the relationship between bank competition and credit procyclicality for 17 OECD countries on the 1986-2009 period. We account for heterogeneity among countries in terms of bank competition through the use of a hierarchical clustering methodology. We then estimate panel...