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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
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
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
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
that supranational competition can have very different consequences on the rent seeking behaviour of firms, depending on …
Persistent link: https://www.econbiz.de/10010264297
We show that professional soccer players exhibit reference-dependent behavior during matches. Controlling for the state of the match and for unobserved heterogeneity, we show on a minute-by-minute basis that a player breaches the rules of the game, measured by the referee's assignment of cards,...
Persistent link: https://www.econbiz.de/10010316909
We show that professional soccer players exhibit reference-dependent behavior during matches. Controlling for the state of the match and for unobserved heterogeneity, we show on a minute-by-minute basis that a player breaches the rules of the game, measured by the referee's assignment of cards,...
Persistent link: https://www.econbiz.de/10010282066