Tabak, Benjamin M.; Fazio, Dimas M.; Cajueiro, Daniel O. - In: Journal of Banking & Finance 36 (2012) 12, pp. 3366-3381
This paper addresses the effects of bank competition on the risk-taking behaviors of banks in 10 Latin American countries between 2003 and 2008. We conduct our empirical approach in two steps. First, we estimate the Boone indicator, which is a measure of competition. We then regress this measure...