A growing body of literature indicates that competition increases bank soundness. Applying an industrial organization … role in the transmission from competition to soundness. We use a twopronged approach. First, we employ Granger causality … tests to establish the link between competition and measures of profit efficiency in banking, and find that competition …

monetary policy was up (down). Overall, we find that competition among banks and competition from financial markets result in a …

This paper is the first that applies a new measure of competition, the Boone indicator, to the banking industry. This … approach is able to measure competition of bank market segments, such as the loan market, whereas many well-known measures of … competition can consider the entire banking market only. A caveat of the Boone-indicator may be that it assumes that banks …

intensity of competition in firms' product markets, on the importance of collective wage bargaining and on other structural and …

; selection ; loan rates ; bank competition ; firm leverage …

This paper analyses the impact of loan market competition on the interest rates applied by euro area banks to loans and … deposits during the 1994-2004 period, using a novel measure of competition called the Boone indicator. We find evidence that … stronger competition implies significantly lower spreads between bank and market interest rates for most loan market products …

In this paper we explore the link between the intensity of product market competition and inflation rates across EU … over time and as alternative proxies of competition we use the level of mark-up, profit margin, the profit rate and a … product market competition, as proxied by the level of mark-up in particular, is an important driver of inflation …

be conditioned by the degree of market competition. We first identify conditions under which changes in marginal costs … competition setting. We then exploit changes in monetary policy to examine whether the pass-through of borrowing costs is affected …