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 …

This paper addresses the desirability of competition in banking industry. In a model where banks compete on both … three questions: what are the effects of competition on banks' monitoring incentives? Does competition hurt banks' stability …? What can be devices to correct potential negative effects of competition vis à vis financial stability? We find that …

This paper addresses the topic regarding the desirability of competition in banking industry. In a model where banks … investigate three questions: what are the effects of competition on banks' monitoring incentives? Does competition hurt banks …' stability? What can be devices to correct potential negative effects of competition vis à vis financial stability? We find that …

We provide novel evidence that deposit competition incentivizes banks to securitize loans. Exploiting the state …-specific removal of deposit market caps across the U.S. as an exogenous source of competition, we document a 7.1 percentage point …

of bilateral bank competition, construct a novel competition measure at the locality level, and assess how well it … competitor has fewer hierarchical layers. Intense bilateral bank competition increases local credit constraints, especially for …We interview 361 European bank CEOs to identify their banks' main competitors. We then provide evidence on the drivers …

of bilateral bank competition, construct a novel competition measure at the locality level, and assess how well it … competitor has fewer hierarchical layers. Intense bilateral bank competition increases local credit constraints, especially for …We interview 379 European bank CEOs to identify their banks' main competitors. We then provide evidence on the drivers …

The paper tests the effect of competition on bank risk-taking for a sample of up to 800 banks worldwide over the period … 1995-2010. Following the theoretical literature on bank competition and risk more closely than previous empirical research …, we measure competition at the bank level and separate the effects of competition in deposit and loan markets. We also …

probability of bank failures depends critically on whether we focus on competition with established customer relationships or …We establish that the effect of intensified deposit market competition, measured by reduced switching costs, on the … competition for the formation of such relationships. With inherited customer relationships, intensified competition (i.e., lower …

We show empirically that public credit information increases competition in credit markets. We access data that cover … natural experiment whereby a non-bank lender's portfolio was sold to a bank. Because of this transaction, the lender … remain unobservable to other non-bank lenders. Using a difference-in-differences strategy, we find that after the transaction …

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 …