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period 2008–2013. We employed the Panzar-Rosse model of firm competition, and found that the degree of competition among …
Persistent link: https://www.econbiz.de/10011844017
Overleveraging of the banking sector has been considered as one of the main causes of the 2007-09 financial crisis and the subsequent great recession. It was also of major concern for the subsequent BIS regulatory policies resulting in Basel III and its request for higher capital requirements....
Persistent link: https://www.econbiz.de/10010416369
This paper documents a positive relation between bank competition and the penetration of bank accounts at the municipal … of an additional branch by a bank who is already present in the local market. Our results suggest that competition policy …
Persistent link: https://www.econbiz.de/10010206047
measuring the banking sector competition proceed from the market structure and concentration measures. In contrast, modern … approaches to measuring competition rely on non-structural models and analysis of the behaviour of market participants. The paper … analyzes the degree of concentration and competition in the banking sector of the Republic of Serbia. The traditional and most …
Persistent link: https://www.econbiz.de/10013266125
This paper studies the effects of the bank capital requirements imposed by the European authorities in October 2011 on loan collateral and personal guarantees usage to enhance capital ratios. We use detailed information on the loan contracts granted by a representative Spanish bank and several...
Persistent link: https://www.econbiz.de/10012051949
We model the impact of bank mergers on loan competition, banks' reserve holdings and aggregate liquidity. Banks compete …
Persistent link: https://www.econbiz.de/10009635892
Persistent link: https://www.econbiz.de/10011604338
We show that competing firms relax overall competition by lowering future barriers to entry. We illustrate our findings …-period profits. This dampens competition for serving the first-period market. …
Persistent link: https://www.econbiz.de/10011541031
A model of loan rate competition with liquidity provision by banks is used to study bank mergers. Both loan rate … competition and liquidity needs are seen to be "localised" phenomena. This allows for tracing down the effects of particular types …
Persistent link: https://www.econbiz.de/10011625762
We model the impact of bank mergers on loan competition, reserve holdings and aggregate liquidity. A merger creates an … the interbank market. Loan market competition modifies the heterogeneity in the size of banks, thus affecting aggregate …
Persistent link: https://www.econbiz.de/10011585555