problems were threatening to spread to other countries within the euro area, with potential negative repercussions for the euro …

problems were threatening to spread to other countries within the euro area, with potential negative repercussions for the euro …

the interbank market. Loan market competition modifies the heterogeneity in the size of banks, thus affecting aggregate … liquidity. Mergers among large banks tend to increase aggregate liquidity needs and thus the liquidity provision in monetary …

There is a long-standing debate about the special nature of banks. Based on a unique dataset of legislative changes in … industrial countries, we identify events that strengthen competition policy, analyze their impact on banks and non …. Covering nineteen countries for the period 1987 to 2004, we find that banks are special in that a more competition …

We model the impact of bank mergers on loan competition, banks' reserve holdings and aggregate liquidity. Banks compete …

estimates of liquidity needs. The merged banks may increase their reserve holdings through an internalization effect or decrease … distribution of bank sizes and aggregate liquidity needs. Mergers among large banks tend to increase aggregate liquidity needs and …

competition control of mergers and acquisitions, analyze their impact on banks and non-financial firms and explain the different … 1987 to 2004, we find that more competition-oriented merger control increases the stock prices of banks and decreases the …