Horvath, Roman; Seidler, Jakub; Weill, Laurent - 2013
This paper evaluates the effect of bank competition on liquidity creation by banks. Thus, we contribute to the … literature on both bank competition and the determinants of liquidity creation by banks. To explore this relationship, we conduct … dynamic GMM panel estimations on a dataset of Czech banks from 2002 to 2010. We find that enhanced competition reduces …