Broll, Udo (contributor); Eckwert, Bernhard (contributor) - 2004
In this paper we study the impact of more transparency in the interbank market on the volume of bank intermediated … decrease the volume of bank loans. In particular, the impact of more transparency on the volume of loans depends on the … curvature of the marginal cost function of the banking firm. Furthermore, we find that ex ante expected profits of the bank are …