banking competition is fiercer. We explain this result with the fact that bank market power, i.e., low competition, would …

money market rates, bank interest rates, and our competition proxy, namely, the Lerner index. We find that competition (i …) reduces the bank lending interest rates, (ii) increases the long-term interest pass-through and (iii) speeds up the adjustment …, banking stability, and capitalization) matter for monetary policy transmission, bank competition remains a key determinant of …

This paper examines how bank competition influences the bank lending channel in the Euro area countries. Using a large … policy actions depending on the degree of bank competition. We find that the effect of monetary policy on bank lending is … dependent on bank competition: the transmission of monetary policy through the bank lending channel is less pronounced for banks …

The aim of this paper is to analyze bank competition in Russia by measuring the market power of Russian banks and its … determinants over the period 2001-2007 with the Lerner index. Earlier studies on bank competition have focused on developed … countries whereas this paper contributes to the analysis of bank competition in emerging markets. We find that bank competition …