We investigate the role of competition on the outcome of Austrian Treasury auctions. Austria's EU accession led to an … examine the effect of increased competition on auction performance: We find that increased competition reduced bidder surplus … aggressive bidding. Counterfactuals establish that as competition increases, concerns regarding auction format play a smaller …

Competition law compliance has become increasingly important in the banking industry as the number of infringements and … competition law infringements. Therefore, this article sets out an approach to assessing the residual risk of antitrust non …

In this paper we study how competition and financial soundness affect financial inclusion in Sub-Saharan Africa (SSA …). We use detailed individual-level survey data, combined with key country-level indicators of bank competition and …, and bank loans). We find that more competition tends to increase the probability of access to these financial products. On …

We examine how bank competition in the run-up to the 2007-2009 crisis affects banks' systemic risk during the crisis … competition at the industry level lead to higher realized systemic risk. The results suggest that the use of securitization …

Markets Programme (SMP). Using detailed security holdings data at the bank level, we show that banks exposed to this …

In this work, we evaluate the competition in the Romanian banking system as regards the distortions in terms of market … shares and the origin of capital, for the period 2000-2010, using the methodology of the structural analysis of the markets …) where we analyse the competition on the Romanian banking market, using two indicators: the M index and the degree of the …