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This paper analyzes the effects of bank mergers on bank-firm relationships. Using matched bank-firm level data, I find … positive effects of mergers for borrowers that continue the lending relationship with the consolidated bank. On average …
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of banking sector concentration. Using a local projections framework with 2003-2023 country-level and bank-level data for …
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integration in Europe. It presents a model that can explain a well-known stylized fact of securities settlement, the surprisingly …
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The purpose of this paper is to explain the relation between the Border Effect and industrial concentration. This is achieved by founding this relation on the Home Market Effect and testing the robustness of this foundation through an application to the European Single Market. A sectorial...
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