Showing 1 - 10 of 114
We assess the influence of competition and capital regulation on the stability of the banking system. We particularly … competitive environment affect bank monitoring choices and the effectiveness of capital regulation? Our approach deviates from the … show that competition improves the monitoring incentives of better quality banks and deteriorates the incentives of lower …
Persistent link: https://www.econbiz.de/10010325147
approach is able to measure competition of bank market segments, such as the loan market, whereas many well-known measures of … ignores differences in bank product quality and design, as well as the attractiveness of innovations. We measure competition …This paper is the first that applies a new measure of competition, the Boone indicator, to the banking industry. This …
Persistent link: https://www.econbiz.de/10011604814
Policy makers in Europe have been concerned that lack of product market competition have led productivity to lag behind … the US. Theoretical models are ambiguous about the direction of the effect that product market competition should have on … productivity. On the one hand increasing competition lowers firm's profits and thus reduces incentives to exert effort (the …
Persistent link: https://www.econbiz.de/10010293022
stress in Mexico and this retards the growth of skills of workforce. (2) The informal sector is large, mostly due to the …
Persistent link: https://www.econbiz.de/10010274259
verschiedene deutsche Regulierungsansätze zur Stärkung des Wettbewerbs und der Effizienz im Arzneimittelmarkt beschrieben und …
Persistent link: https://www.econbiz.de/10010310633
period 1998-2005 and discusses the results from the perspective of corporate bank strategy. Methodologically the existing … concentration of the national financial sector have a considerable impact on a bank's financial performance. Both issues proved to …
Persistent link: https://www.econbiz.de/10010298954
While macroprudential policy has mostly focused on the role of banks, we argue that pension funds are also important for financial stability. Drawing on previous research on pension funds, we explain how their actions can have a vital impact on other financial institutions as well as on...
Persistent link: https://www.econbiz.de/10014334701
This paper reviews the current empirical literature on competition and market structure of Philippine industries. It … shows that weak competition is one of the fundamental factors that explain limited growth, productivity, and employment in …, while necessary, are not sufficient to foster effective competition. The success of these reforms depends on the creation of …
Persistent link: https://www.econbiz.de/10011421113
consumer welfare. The model consists of an investment stage with uncertain returns and subsequent quantity competition. The …
Persistent link: https://www.econbiz.de/10010352102
This paper analyzes how competition works in mobile telecommuncations markets and, bases on this analysis, we discuss … understanding competition in mobile telephony, is the fact that building a mobile telephone network requires highly specific … interconnection and fixed-to-mobile termination may give rise to competition problems. As we argue in this paper, closer analysis …
Persistent link: https://www.econbiz.de/10010263392