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The "quiet life hypothesis (QLH)" posits that banks enjoy the advantages of market power in terms of foregone revenues or cost savings. We suggest a united approach to measure competition and efficiency simultaneously to test this hypothesis. We estimate bank-specific Lerner indices as measures...
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same time, institutions increasingly moved part of their business from interest to fee-earning activities. This study … interest margin. For savings and commercial banks we find that institutions with a strong focus on fee business charge lower …
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