deposits and performance in banking. Particularly, we analyze banking privatization when competitive strategies of the Cournot … criteria: (i) efficiency, (ii) market power/financial stability and (iii) consumption availability for depositors. They also … ; competition ; performance ; deposits …

We test whether financial fluctuations affect firms' decisions, through their impact on banks' cost of funding. We …-2012 sovereign debt crisis. Using newly available data linking over 3,000, mostly privately-held, non-financial firms to their bank(s …), we find that increases in Italian banks' CDS spreads and decreases in their equity valuations lead younger and smaller …

Recent experience from Europe and Japan shows that commercial banks generally pass negative short-term policy rates on … to negative deposit rates, banks keep deposit rates at zero as policy rates decline, while accepting squeezed and …) market expectations about the future policy rate. A calibration of the model indicates how low central banks could …

By the act of lending banks do not actually intermediate pre-accumulated real resources but rather create new financial … resources in the form of deposits. Therefore, bank credit needs to be modelled as a monetary phenomenon, which directly fuels … domestic demand and inflationary pressures. So far, there have been just a few attempts to model banks as monetary institutions …

We examine the coexistence of banks and financial markets, studying a credit market where the qualities of investment … projects are not observable and the investment decisions of entrepreneurs are not contractible. Standard banks can alleviate … investment banks and rating agencies have screening know-how and can alleviate adverse-selection problems. In competition …