Showing 1 - 10 of 1,631
Reforms of financial regulation after the crisis of 2007-2009 raise the question of what is the relation between … financial regulators and competition authorities. Should competition authorities play a role in financial regulation? Should …-specific regulation involves authorities actually prescribing desired modes of behavior. The ongoing nature of relations makes regulators …
Persistent link: https://www.econbiz.de/10011879119
Using comprehensive loan-level data in China, we investigate how the deregulation on bank entry barriers alters local banking industrial organization and its economic consequences. We document a novel trade-off: the potential benefits of deregulation are adversely mitigated by entrant banks'...
Persistent link: https://www.econbiz.de/10012900427
This paper analyzes the monthly evolution of bank competition in Mexico from 2008 to 2019 using different measures. Subsequently, we analyze whether the 2014 financial reform had an effect on some of our competition measures. We use ordinary and quantile regression techniques and Markov...
Persistent link: https://www.econbiz.de/10012584137
Using comprehensive loan-level data in China, we investigate how the deregulation on bank entry barriers alters local banking industrial organisation and its economic consequences. We document a novel trade-off: the potential benefits of deregulation are adversely mitigated by entrant banks’...
Persistent link: https://www.econbiz.de/10013313377
the former structural regulation. Excessive competition is no less harmful than low competition, the level playing field … the new approach to regulation has also fostered an increase in the part of GDP absorbed by the financial system without …
Persistent link: https://www.econbiz.de/10010753910
the former structural regulation. Excessive competition is no less harmful than low competition, the level playing field … the new approach to regulation has also fostered an increase in the part of GDP absorbed by the financial system without …
Persistent link: https://www.econbiz.de/10010753917
Hub-and-spoke regulation, where a central regulator with legal power over firms delegates monitoring to local … findings suggest that field level interaction is an important part of regulation, and that distancing supervisors from banks to …
Persistent link: https://www.econbiz.de/10012967849
Bank regulation used to be riddled with price, product, entry, and location restrictions. These restrictions were … regulation as the product of pure rent seeking by private industry.This Article revisits the role of such restrictions on …, political, and economic (LPE) model for how limits on competition could usefully complement current bank regulation. This model …
Persistent link: https://www.econbiz.de/10012918941
Markets Act (DMA) can learn from existing regulation of gatekeepers in other industries. In particular, banking regulation …
Persistent link: https://www.econbiz.de/10013226455
the assumption that the banks may perceive high probabilities of regulation if they do not comply with the provisions of … associated with the imposition of regulation – for the banks – are lower than the benefits related to being incorporated in the … legislative initiative or regulation would be a likely future response by the UK Government should the banks not comply with the …
Persistent link: https://www.econbiz.de/10013124210