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This technical note analyzes the competition in the banking sector in Denmark. It reveals that Denmark has a fairly …
Persistent link: https://www.econbiz.de/10011244565
As in other sectors, competition in finance matters for allocative, productive and dynamic efficiency. Theory suggests …, however, that unfettered competition is not first best given the special features of finance. I review these analytics and … describe how to assess the degree of competition in markets for financial services. Existing research shows that the degree of …
Persistent link: https://www.econbiz.de/10005826668
The paper assesses the degree of banking competition and efficiency in Italy?over time as well as compared to that in … other countries, such as France, Germany, Spain, the United Kingdom, and the United States. The paper finds competition in …. The degree of competition falls within the range of estimates for a set of comparator countries. Greater contestability …
Persistent link: https://www.econbiz.de/10005769248
Traditional bank competition policy seeks to balance efficiency with incentives to take risk. The main tools are rules … argue that bank competition policy should be reoriented to deal with the too-big-to-fail (TBTF) problem. It should also … seek to affect the degree of competition by focusing on market structure (i.e. concentration) may have limited effect. We …
Persistent link: https://www.econbiz.de/10010790360
, which is an important concern of the State Bank of Pakistan (SBP). So the best policy option for SBP is to encourage mergers …
Persistent link: https://www.econbiz.de/10009363799
This paper investigates competition in the Dutch non-life insurance industry indirectly by measuring scale economies … and X-inefficiency, assuming that strong competition would force insurance firms to exploit unused scale economies and to …
Persistent link: https://www.econbiz.de/10005040825
This paper investigates competition in the Dutch non-life insurance industry indirectly by measuring scale economies … and X-inefficiency, assuming that strong competition would force insurance firms to exploit unused scale economies and to …
Persistent link: https://www.econbiz.de/10005030210
Contrary to the conventional view that unemployment insurance serves to directly increase the rate of unemployment as well as reducing an economy's competitiveness by increasing the market wage of labor, the argument presented in this paper is that this worldview critically depends on...
Persistent link: https://www.econbiz.de/10005446192