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 …

This paper extends Boone (2008) by introducing a competition measure at the individual firm level rather than for an … and measures competition vis-à-vis other market participants. We apply this extended Boone indicator to individual bank …-level competition in the loan market in the four largest euro area countries and Austria. The MRP distribution is skewed to the left and …

quantify it. - Consumer payment choice ; merchant payment adoption ; network competition …

qualitative results are robust to imperfect issuer competition, imperfect acquirer competition, and to other factors affecting …

particular, we model competition among debit cards and between debit and credit cards. We show that competitive pressures dampen … most from the creation of SEPA when sufficient payment card competition alleviates potential monopolistic tendencies …. - SEPA ; card network competition ; optimal pricing ; economic welfare …

payment networks, and to assess the way this affects competition and equilibrium fees. We analyze a situation in which … acceptance at the margin. - Payment pricing ; Card competition ; Consumer credit ; Complementarity …