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financial regulators and competition authorities. Should competition authorities play a role in financial regulation? Should … evolution of regulation and competition in the financial industry, the paper discusses various issues that are relevant for …Reforms of financial regulation after the crisis of 2007-2009 raise the question of what is the relation between …
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The trade-off between bank competition and financial stability has always been a widely and controversial issue, both … among policymakers and academics. This paper empirically re-investigates the relationship between competition and bank risk …-to-default, while we consider the SRISK as a proxy for bank systemic risk. Using the Lerner index as an inverse measure of competition …
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concerns, which meant that competition policy was relegated to the position of a distant spectator in the proceedings. This was … not the case in the EU, however, where competition policy and competition enforcers played a lead role in shaping the … distorting competition in the financial sector. In doing so, this paper explores (a) the importance of competition policy during …
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