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This paper shows that the supply side of credit is a major factor for the phenomenonof hampered interest rate pass-through in monopolistic banking markets. Our data,covering all 1,555 small and medium sized banks in Germany, provides a clear wayto partial out demand shocks; we are thus able to...
Persistent link: https://www.econbiz.de/10012322286
stress that competition and regulatory authorities should take seriously the potential trade-off between market power effects …
Persistent link: https://www.econbiz.de/10011659539
stress that competition and regulatory authorities should take seriously the potential trade-off between market power effects …
Persistent link: https://www.econbiz.de/10012953486
Persistent link: https://www.econbiz.de/10000649958
concentration. In contrast, competition enforces innovation, i.e. sales concentration has a negative impact on R&D. …This paper examines empirically the relationship between innovation and market structure within a simultaneous …
Persistent link: https://www.econbiz.de/10011446652
Persistent link: https://www.econbiz.de/10002653773
Persistent link: https://www.econbiz.de/10001388137
increase product prices, lower competition, and reduce the availability of new products in small markets. The model's test is …
Persistent link: https://www.econbiz.de/10013320527
increase product prices, lower competition, and reduce the availability of new products in small markets. Existing theoretical … models of entry and taxation either assume imperfect competition, or monopolists' provision of new goods. Free-entry models … to zero-profits thresholds of equilibrium demand. This paper links imperfect competition models with free-entry models …
Persistent link: https://www.econbiz.de/10014074425