Showing 1 - 10 of 149
Persistent link: https://www.econbiz.de/10011695913
In this study we apply cluster analysis techniques, including a novel smoothing method, to detect some basic patterns and trends in the euro area banking sector in terms of the degree of homogeneity of countries. We find that in the period 1998-2004 the banking sectors in the euro area countries...
Persistent link: https://www.econbiz.de/10011604673
The investigation of the sequencing of liberalization in the EU financial services industry is the primary object of this study. The relevance of the EU model for financial liberalization is threefold. First, the EU route towards liberalization in financial services could be regarded as a...
Persistent link: https://www.econbiz.de/10011689908
Since the 1980s, the European Community has become an engine for liberalization and re-regulation in the network industries of the transport, energy and telecommunications industries. This paper describes major lines of reform in European infrastructure and regulation policy. Both, changes in...
Persistent link: https://www.econbiz.de/10010265360
This paper attempts to estimate comparable efficiency scores for European banks operating in the Single Market in the EU. Using a data set of more than 5000 large commercial banks from all major European banking markets over the period 1993-2004, the application of meta-frontiers enables us to...
Persistent link: https://www.econbiz.de/10011604747
In 2005, the President of the Bank of Italy blocked the cross-border acquisition of two Italian banks for ?prudential … strength of the supervisory review process of bank M&A. The main source of information to construct these indices is a …
Persistent link: https://www.econbiz.de/10010297982
taking place for retail banking. Data on cross-border retail bank flows, cross-border bank mergers and the law of one price … reveal no evidence of integration in retail banking. This paper shows that the previous tests of bank integration are weak in … that they are not based on an equilibrium concept and are neither necessary nor sufficient statistics for bank integration …
Persistent link: https://www.econbiz.de/10010298683
In 2005, the President of the Bank of Italy blocked the cross-border acquisition of two Italian banks for prudential …
Persistent link: https://www.econbiz.de/10010299838
This paper provides an assessment of the degree of integration in banking services in the euro area. It diverges from the typical analysis on integration in the financial sector by focusing on the main financial products and services provided by banks to corporate and personal clients rather...
Persistent link: https://www.econbiz.de/10011606158
In reaction to disruptions of the Single Market, the European Commission put forward an emergency instrument. It proposes far-reaching measures in order to maintain the proper functioning of the Single Market and ensure the supply and distribution of goods and services. The dirigiste...
Persistent link: https://www.econbiz.de/10014334702