Chapter 1: Introduction -- Chapter 2: Bank Stability And Market Concentration In The Emerging Capital Markets Of Southeast Asia -- Chapter 3: Bank Competition + Market Concentration = Financial Stability? -- Chapter 4: Does Income Diversification Enhance Bank Efficiency And Stability In Periods...

If households have finite lives, the effect of imperfect competition in the financial sector on economic growth depends also on how its profits are returned. The return may be exogenous though fiscal transfers to the young and/or the old or endogenous through dividend payments to a subset of old...

We collect new data to assess the importance of supply-side credit market frictions by studying the impact of financial sector recapitalization packages on the growth performance of firms in a large cross-section of 50 countries during the recent crisis. We develop an identification strategy...