questions is that there is still today a surprisingly high level of diversity in finance. This raises the two questions …

We draw on stylized facts from the finance literature to build a model where altering the relative costs of bank and …

of bank competition on firms' access to finance. They find that low competition, as measured by high values of the Lerner … index, diminishes firms' access to finance, while commonly-used bank concentration measures are not robust predictors of … firms' access to finance. In addition, they find that the impact of competition on access to finance depends on the …

the hardcopy version), which portrayed the first results of a new strategy in the field of development finance implemented … development finance, the paper provides information about the shareholder composition and the investment portfolio of what is at …