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The nexus between ownership and competition in the banking sector is a major concern to policymakers around the world … but one that is rarely comprehensively examined. For 131 countries and 13 years we match bank ownership with over 50 …,000 bank-year estimates of individual bank market power. We find that ownership does not explain market power at the individual …
Persistent link: https://www.econbiz.de/10013033620
The COVID-19 pandemic could result in large government interventions in the banking industry. To shed light on the possible consequences on market power, we rely on the experience of the global financial crisis and exploit granular data on government interventions in more than 800 banks across...
Persistent link: https://www.econbiz.de/10013250086
This paper investigates the relation between national culture and bank deposits. Using annual data (1995-2015) for 99 … national cultural traits and bank deposits. The effect of hierarchy and individualism on deposits is stronger (positive and … analyse the impact of annual bank-level deposit stability on the trust-deposits relation. We show that high deposit volatility …
Persistent link: https://www.econbiz.de/10012848611
This paper explores the origins of Andorra's financial cluster. It shows that the free movement of currency, the protection of infant industry, and geographical concentration lie at the foundation of the cluster's competitive advantage. Drawing on a new set of data, the paper also provides for...
Persistent link: https://www.econbiz.de/10013043064
function cannot be used to infer the degree of competition. Only an unscaled revenue equation yields a valid measure for … findings are confirmed by an empirical analysis of competition in the banking industry, based on a sample covering more than … 110,000 bank-year observations on almost 18,000 banks in 67 countries during the period 1986-2004 …
Persistent link: https://www.econbiz.de/10013039358
of domestic markets as a precondition. This paper offers an alternative view. Lack of competition in domestic financial …
Persistent link: https://www.econbiz.de/10011373507
This unique study examines the interactive role of bank competition and foreign bank entry in explaining the risk … stability. Furthermore, the joint effect of bank competition and foreign bank entry brings financial fragility because host … banks tend to make risky investments due to undue competition induced by foreign bank entry. We support the competition …
Persistent link: https://www.econbiz.de/10012025290
This paper investigates the effect of bank competition and financial stability on economic growth by examining panel …-data from 38 European countries over 2001 to 2017. Bank competition is measured with the Boone indicator, and bank stability … effect of economic growth, and reverse causality in its estimation. Results show that bank stability significantly …
Persistent link: https://www.econbiz.de/10012176206
This paper analyzes the causal relationship between institutional diversity in domestic banking sectors and bank … stability. We use a large bank- and country-level unbalanced panel data set covering the EU member states' banking sectors … of institutional diversity in the domestic banking sector positively affects bank stability. The positive relationship …
Persistent link: https://www.econbiz.de/10012215264
, thereby leading to lower rents for banks and greater competition in the domestic banking sector. We also predict that banks …-side (i.e., banks not willing to lend to firms). Overall, we document how competition from overseas financial markets …
Persistent link: https://www.econbiz.de/10011807932