We examine which traditional asset pricing variables together with bank-specific accounting variables explain the cross …-sectional variation of future bank stock returns, using a firm-level data of eight Asian countries. Our empirical evidence shows that … exchange rate risk, firm size, the book-to-market ratio, and the net income ratio are important in explaining future bank stock …

Abstract: Using a unique sample of 425 bank mergers in the US announced between 2000 and 2008 this paper provides clear … evidence supporting the collusion and productive efficiency hypotheses. By analyzing 425 bank mergers and a total of 1112 …

We investigate the role of competition on the outcome of Austrian Treasury auctions. Austria's EU accession led to an … examine the effect of increased competition on auction performance: We find that increased competition reduced bidder surplus … aggressive bidding. Counterfactuals establish that as competition increases, concerns regarding auction format play a smaller …

We investigate the role of competition on the outcome of Austrian Treasury auctions. Austria's EU accession led to an … examine the effect of increased competition on auction performance: We find that increased competition reduced bidder surplus … aggressive bidding. Counterfactuals establish that as competition increases, concerns regarding auction format play a smaller …

In this paper we analyze the degree of competition in the Hungarian household credit and deposit markets. We estimate … discrete-choice, multinomial logit deposit service and loan demand functions for each bank and calculate the corresponding … price-cost margins and compare these to the theoretically implied ones. We find that in our sample period the competition in …

We study the effects of asymmetric information and imperfect competition in the market for small business lines of … credit. We estimate a structural model of credit demand, loan use, pricing, and firm default using matched firm-bank data …

that carry over to the medium or long term. The paper looks at the exogenous expansion of bank branches in India, driven by …

relates to bank specific factors mainly cost-to-income ratio (COIR) and prices for bank lending and deposit products. In … general, we find that of the bank-specific factors NIM, COIR and prices for loans and deposits to be significantly related to … credit demand as having a positive and significant influence on bank credit risk …