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We study the role of bargaining power and outside options with respect to the pricing of over-the-counter interbank … the euro-area interbank market. We find that lender banks with greater bargaining power over their borrowers charge higher … bilateral bargaining power, leading to a persistent segmentation of prices in the euro-area interbank market. We examine the …
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We study the role of bargaining power and outside options for the pricing of over-the-counter interbank loans using a … market. We find that lender banks with greater bargaining power over their borrowers charge higher interest rates, while the … it crucially depends on their limited bilateral bargaining power, leading to a persistent segmentation of prices in the …
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We study the role of bargaining power and outside options for the pricing of over-the-counter interbank loans using a … market. We find that lender banks with greater bargaining power over their borrowers charge higher interest rates, while the … it crucially depends on their limited bilateral bargaining power, leading to a persistent segmentation of prices in the …
Persistent link: https://www.econbiz.de/10012944240
Market concentration has been suggested as an enhancer of bargaining power imbalances for vertical commercial … power redistribution among players after the operation; opening the discussion on a dynamic analysis of bargaining outcomes. …
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