Showing 1 - 10 of 2,759
This paper tests for the existence of market power in banking, using data on demand deposit rates of households and corresponding market rates in five euro area countries. An implicit measure for market power is based on a partial adjustment model that also allows for an asymmetric response of...
Persistent link: https://www.econbiz.de/10013153600
This empirical paper adds to competition and industrial organization literature by exploring the interplay between … markets to be ruled by monopolistic competition, although estimation by revenue-equation does not reject monopoly hypothesis … competitiveness of the given regional market, and the results from non-structural methods of estimation suggest that bank competition …
Persistent link: https://www.econbiz.de/10012905826
This paper studies banks' competitive behavior on the deposit side of the Italian retail banking industry. We use a structural model to estimate demand for deposit services and test several supply models. We find that both the competitive, differentiated product Bertrand and the perfectly...
Persistent link: https://www.econbiz.de/10013007453
Many studies have attempted to investigate the determinants and implications of competition in the banking industry …. The literature on the measurement of competition can be divided between the structural and non-structural approaches. The … structural approach infers the degree of competition from the structure of the market. The non-structural approach, based on the …
Persistent link: https://www.econbiz.de/10010883832
This paper studies empirically the relationship between competition and risk taking in banking markets. We exploit an …. The cross-sectional and longitudinal variation in competition in local markets are used to identify the relationship … between competition and risk taking, which we measure by the non-performing loans and loss provision rates of the individual …
Persistent link: https://www.econbiz.de/10014284697
Many studies have attempted to investigate the determinants and implications of competition in the banking industry …. The literature on the measurement of competition can be divided between the structural and non-structural approaches. The … structural approach infers the degree of competition from the structure of the market. The non-structural approach, based on the …
Persistent link: https://www.econbiz.de/10011071039
In this work, we evaluate the competition in the Romanian banking system as regards the distortions in terms of market …) where we analyse the competition on the Romanian banking market, using two indicators: the M index and the degree of the … Romanian banking system during the period 2000 - 2010 and that, in the period under review, the competition has continuously …
Persistent link: https://www.econbiz.de/10010529071
Governments often attempt to increase the confidence of financial market participants by making implicit or explicit guarantees of uncertain credibility. Confidence in these guarantees presumably alters the size of the financial sector, but observing the long-run consequences of failed...
Persistent link: https://www.econbiz.de/10013065699
competition magnifies the lack of market discipline and induces additional moral hazard for excessive risk taking. Counterfactuals …
Persistent link: https://www.econbiz.de/10012994931
Governments often attempt to increase the confidence of financial market participants by making implicit or explicit guarantees of uncertain credibility. Confidence in these guarantees presumably alters the size of the financial sector, but observing the long-run consequences of failed...
Persistent link: https://www.econbiz.de/10009741541