Showing 1 - 10 of 3,861
We develop a model of spatial competition to explore how changes in the market structure affect the incentives of banks … reveal that the relaxation of competition distorts banks' incentives to invest in screening …
Persistent link: https://www.econbiz.de/10012910768
Persistent link: https://www.econbiz.de/10012207347
Using a translog cost function, we firstly estimate economies of scale and then calculate the bank-specific scale … of scale, with bank-specific scale elasticities ranging from 82% to 88%, while half of the Regional banks and Specialized … banks also exhibited significant scale economies, with bank-specific scale elasticities averaging around 92% and 83 …
Persistent link: https://www.econbiz.de/10013106486
This work looks into the dynamics of the competitive structure and strategic positioning of the Brazilian banks. Over the eighteen years covered by the study, we saw periods of strategic instability in this industry and differing structures of strategic groups, with regard to not only their...
Persistent link: https://www.econbiz.de/10013073599
, providing the ability to draw reliable conclusions. We find that MENA banks operate under monopolistic competition. Our findings …
Persistent link: https://www.econbiz.de/10012957627
Using a sample of US banks between 2001 and 2013, this paper investigates the impact of competition on bank efficiency …, the bank-specific factors that increase the likelihood of securitization, the previously untested impact of securitization … on efficiency, and the effect of the interaction between competition and securitization on efficiency. We confirm that …
Persistent link: https://www.econbiz.de/10012910437
We use a new regulatory dataset to measure the intensity competition in the UK deposit-taking sector. The novelty of … this study is two-fold. First, the dataset allows us to explore trends in competition intensity over an extended, 24-year …. Second, we take a portmanteau approach and estimate a number of different performance-based competition measures common in …
Persistent link: https://www.econbiz.de/10012978060
Recently, massive bank exits have begun to be observed around the world. What is the effect of such bank behavior on … the market power of the remaining banks and on competition between rivals? Do financial crises change this relationship … countries. We find that the impact of bank exits on the market power of other banks is non-linear, shaped like a U …
Persistent link: https://www.econbiz.de/10013002519
-country convergence of three used bank competition measures, with higher convergence levels of market power and of competitive behaviour …
Persistent link: https://www.econbiz.de/10012989637
Motivated by a debate on the effect of debt on firms' product market performance, I examine the effect of lines of credit on firms' future profits. Consistent with the notion that lines of credit provide firms with unique financial flexibility and enhance their strategic position within the...
Persistent link: https://www.econbiz.de/10013043556