. 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 … concentration is associated with a positive and significant relationship between bank-level credit growth and aggregate growth of …

right tail of the bank size distribution follows a power law. Also, the presence of big banks as measured by high market …

dynamics. In Italy, in the case of a banking merger or acquisition, the antitrust authorities can require the sale of bank …) the effect of the level of bank concentration on various measures of firm dynamics. The results show that, in those areas …