Although justification for competition policies is well founded in the economic literature, there is a need to … consensus that "competition is good," there is vagueness in the minds of many and uncertainty about the need for competition … policy and how competition should be enforced. This paper aims to contribute to the growing discussion on how to proceed from …

competition, of which the most common are the concentration ratio and the Herfindahl-Hirschman index. It is important to emphasize … that when calculating the value of these indices, the National Bank of Serbia most often uses the absolute value of assets … competition. Although market changes are reflected in a reduced number of banks while a change in the dispersion of market shares …

indeed been successful in stimulating the credit flow of banks to the private sector. Second, we find support for the "bank … effect). The role of bank capital is, however, ambiguous. Besides the above favorable direct effect on loan supply, lower … levels of bank capitalization at the same time mitigate the size, retail and liquidity effects of the policies. The drag on …

factor. The pull factor captures flows of bank loans to the domestic non-financial private sector. An increase in these flows … less clear-cut. The paper also shows that variations in the flows of bank loans to the non-financial private sector (i …

This study examines empirically the information content of the euro area Bank Lending Survey for aggregate credit and … leading indicator for euro area bank credit and real GDP growth. Notwithstanding the short history of the survey, the findings … results are supportive of the existence of a bank lending, balance sheet, and risk-taking channel of monetary policy. They …

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 …

alleviates the price puzzle. In general, prices are driven mainly by foreign factors and the European Central Bank monetary … policy shock on Slovak prices is more powerful than that of the National Bank of Slovakia. Slovak central bank interest rate …

Finanzkrise im Vergleich von Eurozone, USA und Großbritannien. Die Eurozone erholte sich seit 2010 deutlich schleppender als die … Wirtschaftsräume wird in zwei Dimensionen analysiert; zum einen anhand eines Überblicks zur Geldpolitik der EZB nach dem Ausbruch der … globalen Finanzkrise im Vergleich mit jener der Fed und der Bank of England; zum anderen durch eine Beschäftigung mit der …