that enhanced product-market competition between banks eroded worker rents. In contrast to theories predicting that … increased competition will lower the racial wage gap, we find that deregulation increased the wage gap between black and white … explained by increased product market competition, changes in technology, or enhanced market power …

We assess the influence of competition and capital regulation on the stability of the banking system. We particularly … ask two questions: i) how does capital regulation affect (endogenous) entry; and ii) how do (exogenous) changes in the … competitive environment affect bank monitoring choices and the effectiveness of capital regulation? Our approach deviates from the …

Minimum capital requirement regulation forces banks to refund a substantial amount of their investments with equity … paper argues that, in addition to the buffer and cost effect of capital regulation, there is a strategic effect. A binding … capital requirement regulation restricts the lending capacity of banks, and therefore reduces the intensity of loan interest …

, political, and economic (LPE) model for how limits on competition could usefully complement current bank regulation. This model …Bank regulation used to be riddled with price, product, entry, and location restrictions. These restrictions were … to technological and institutional innovation undermined their ability to limit competition. An intellectual turn toward …

Markets Act (DMA) can learn from existing regulation of gatekeepers in other industries. In particular, banking regulation … addresses issues such as the use of data, interoperability and self-preferencing which constitute some of the main competition …

of whether competition, regulation and stability matter for efficiency in the banking system. Data from 440 commercial … quality regulations and competition. However, the results reveal all the variables responding to one standard deviation shock …

This paper addresses the topic regarding the desirability of competition in banking industry. In a model where banks … investigate three questions: what are the effects of competition on banks' monitoring incentives? Does competition hurt banks …' stability? What can be devices to correct potential negative effects of competition vis à vis financial stability? We find that …

This paper addresses the desirability of competition in banking industry. In a model where banks compete on both … three questions: what are the effects of competition on banks' monitoring incentives? Does competition hurt banks' stability …? What can be devices to correct potential negative effects of competition vis à vis financial stability? We find that …