This paper studies bank competition with borrower adverse selection. In the model, expected non-performing loan costs … are high when credit is granted in booms, when risk free rates are low, or when competition is strong. I prove that full … competition is suboptimal due to this last effect; that more competition improves the transmission of monetary policy, and that …

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 …

We model the impact of bank mergers on loan competition, banks' reserve holdings and aggregate liquidity. Banks compete …

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. …

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 …

use of a detailed bank-level panel data set, and measuring competition using the PR-H-statistic and Lerner index for the … banking sector players. Thus implying those banks in Nigeria earned their revenue under conditions of monopolistic competition …

We model the impact of bank mergers on loan competition, reserve holdings and aggregate liquidity. A merger changes the … them because of a diversification effect. The merger also affects loan market competition, which in turn modifies the …

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 …