competition on this choice. We find that competing banks use collateral less often than a monopolistic bank because competition … will intensify if both banks collateralize. Moreover, bank competition is welfare improving if collateralization is rather …

become and remain competitive. Although many studies have focused on these negative effects, the links between pollution and … pollution and city growth, and how it correlates with city competitiveness. Although high-income cities are usually better at … managing pollution, the paper finds successful examples of fast-growing, lower-income cities that are able to tackle this issue …