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In Germany a public discussion on the power of banks has been going on for decades now with the term power having at … tries to shed some light on the historical development and current state of bank regulation in Germany. In so doing, it … research in the future. While our focus is on Germany, some of the questions that we raise and some of our insights might also …
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A growing body of literature indicates that competition increases bank soundness. Applying an industrial organization based approach to large data sets for European and U.S. banks, we offer new empirical evidence that efficiency plays a key role in the transmission from competition to soundness....
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