(Gabaix, 2011) for the banking sector, introducing Bertrand competition and heterogeneous banks charging variable markups …. Using this framework, we show conditions under which idiosyncratic shocks to bank lending can generate aggregate … sector for many countries is indeed granular, as the right tail of the bank size distribution follows a power law. We then …

contribution is two-fold. First, we expand the theory of granularity to encompass the Bertrand competition frequently used in … right tail of the bank size distribution follows a power law. Also, the presence of big banks as measured by high market …

results highlight the importance of the starting level of bank capital, bank asset quality, and banks' adjustments for the …

mix, pricing decisions, management buffers, and profit distribution along with individual bank conditions, including their …

This paper builds a dataset on bank ownership that covers more than 6,500 banks in 181 countries (59 low … reversed these trends. At the country level, the relationship between bank ownership and each of GDP growth and financial depth …. Bank-level regressions show that state-owned banks are less profitable and have a higher share of non-performing loans than …

particular, competition for market share at times of expansion and the difficulty in assessing risk throughout the cycle. However …

(Gabaix, 2011) for the banking sector, introducing Bertrand competition and heterogeneous banks charging variable markups …. Using this framework, we show conditions under which idiosyncratic shocks to bank lending can generate aggregate … sector for many countries is indeed granular, as the right tail of the bank size distribution follows a power law. We then …

in line with the economic conditions they face. Bank responses feed back to the macroeconomic environment affecting …

This paper investigates the effect of bank competition and financial stability on economic growth by examining panel …-data from 38 European countries over 2001 to 2017. Bank competition is measured with the Boone indicator, and bank stability … effect of economic growth, and reverse causality in its estimation. Results show that bank stability significantly …

Bank of Spain. Second, we investigate whether these reforms affected (i) the stability, (ii) the degree of competition, and …This article analyses the effects of the bank restructuring process performed in Spain between 2010 and 2016. First, we … reduced the degree of competition but increased financial stability in the Spanish banking industry. In particular, we find …