We investigate the trade-off between financial stability and competition policy by focusing on the merger of ABN AMRO … products using a random-coefficients logit model. On the supply side we assume Bertrand Nash competition in a multiproduct …

We document that within regional U.S. mortgage markets an increase in competition exerts differential effects on banks … to an increase in the intensity of competition, while small market share banks enhance capitalization and reduce risk …

We use a new regulatory dataset to measure the intensity competition in the UK deposit-taking sector. The novelty of … this study is two-fold. First, the dataset allows us to explore trends in competition intensity over an extended, 24-year …. Second, we take a portmanteau approach and estimate a number of different performance-based competition measures common in …

investment is to boost efficiencies and thereby shape the nature of competition in a market. The second type will have little …Endogenous sunk-cost investments are optional fixed investment or capita, that a firm can choose to impact either upon … degree of competition in an industry mainly through forestalling entry and thereby limiting future competition in the …

less educated consumers with lower savings are most affected. Our findings highlight the important role of competition …

less educated consumers with lower savings are most affected. Our findings highlight the important role of competition …

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 …