Showing 1 - 10 of 8,175
Persistent link: https://www.econbiz.de/10009716736
Persistent link: https://www.econbiz.de/10001791879
Persistent link: https://www.econbiz.de/10001828223
Persistent link: https://www.econbiz.de/10002061270
Persistent link: https://www.econbiz.de/10001901153
Persistent link: https://www.econbiz.de/10001961388
After the inception of the euro, the real economy in most member countries remained dependent on credit by domestic banks, which increasingly funded themselves through cross-border interbank funding. We find that this pattern of 'double-decker' banking integration exposed domestic banks to sharp...
Persistent link: https://www.econbiz.de/10012656056
Can allowing foreign participation in the banking sector increase real output, despite the imperfectly competitive nature of the industry? Using a new model of heterogeneous, imperfectly competitive lenders and a simple search process, we show how endogenous markups (the net interest margin...
Persistent link: https://www.econbiz.de/10012462623
Persistent link: https://www.econbiz.de/10011979350