banking increases, the loan-to-asset ratio will rise (under reasonable assumptions), but the probability of bank failure can …

We study a banking model in which banks invest in a riskless asset and compete in both deposit and risky loan markets …

This study reinvestigates the theoretical relationship between competition in banking and banks' exposure to risk of …-competitive consolidation as a response to banking instability. We then show that existing theoretical analyses of this topic are fragile, since …

We study a banking model in which banks invest in a riskless asset and compete in both deposit and risky loan markets …

We study a banking model in which banks invest in a riskless asset and compete in both deposit and risky loan markets …

This study reinvestigates the theoretical relationship between competition in banking and banks'' exposure to risk of …-competitive consolidation as a response to banking instability. We then show that existing theoretical analyses of this topic are fragile, since …