) deregulations, upon which, cross-border bank M&As, mainly among neighboring states, could enhance cross-fertilization by injecting … new blood and awakening the market for corporate control. Results show that cross-fertilization in bank performance …

We study how deposit competition affects a bank’s decision to securitize mortgages. Exploiting the state …-specific removal of deposit market caps across the US as a source of competition, we find a 7.1 percentage point increase in the …

the bidding competition for the innovation and by increasing the relative profitability of being the most efficient firm …We show that, in the case when innovations are for sale, increased product market competition, captured by reduced … in the industry. Moreover, it is shown that increased intensity of competition can increase the relative profitability of …

market competition affects the economic gain firms can obtain from innovation. Empirical evidence is lacking because the … innovation value is not observable, and the innovation-competition relationship is endogenous. This paper adopts a stock market … decrease in market competition increases patent value. This paper contributes to the competition-innovation literature by …

We incorporate arguments from the Tiebout model into the regulatory competition equilibrium and study cross …, we focus on two time periods: before (i.e., 1971-1977) and during (i.e., 1982-1995) the interstate multi bank holding … company (IMBHC) deregulations, upon which, cross-border bank M&As, mainly among neighboring states, could enhance cross …

We investigate the trade-off between financial stability and competition policy by focusing on the merger of ABN AMRO … and Fortis Bank NL in the Dutch retail banking market. The financial crisis delayed the completion of the merger giving … products using a random-coefficients logit model. On the supply side we assume Bertrand Nash competition in a multiproduct …

We model the impact of bank mergers on loan competition, banks' reserve holdings and aggregate liquidity. Banks compete … in liquidity risk and expected liquidity needs for each bank and for the banking system. Large mergers tend to increase … expected aggregate liquidity needs, and thus the liquidity provision by the central bank. Comparative statics suggest that a …

competitor banks for any given bank, and analyze the impact of this variable on banks’ risk-taking behavior, using a large sample … bank bail-outs on banks' risk-taking behavior. -- Government bail-out ; implicit and explicit government guarantees … ; banking competition ; risk-taking …

removing barriers to bank entry on bank competition and economic growth. As governments were not concerned about systemic … stability in this period, we are able to isolate the effects of bank competition from those of state implicit guarantees. We … states that retained state bank chartering policies. We argue that the fiercer bank competition following the introduction of …