to estimate the degree of bank competition. The size of the country's stock market capitalization and non … impact of financial freedom on bank competition in the country. However, study found a strong evidence for positive … implications of non-banking sector performance on bank competition. The stock market performance is found tobe negatively …

Despite the extensive debate on the effects of bank competition on risk-taking and procyclicality, there is no evidence … cycle. We contribute to the literature by investigating the impact of bank competition on the effects of individual … macroprudential tools in a sample covering over 70,000 bank-level observations in 109 countries from 2004 to 2015. Our results are in …

investment (deposits), acquisition of bank ownership, and young-age consumption. At old age, consumers sell bank ownership and … collect their bank deposits to support consumption. The model shows that an increase in banks' market power stimulates bank … profit and bank value, thereby raising the resources required for young consumers to acquire bank ownership. This causes a …

theory that monopolistic firms undersupply the market when utilizing their high pricing power in the bank competition … competition. Here, we employ a novel approach to account for IRS that are both unexpected and effective for a bank's business …-liquidity creation nexus. While positive IRS per se lead to an increase in bank liquidity creation, we find that a high bank …

Does the mere presence of big banks affect macroeconomic outcomes? In this paper, we develop a theory of granularity …. Using this framework, we show conditions under which idiosyncratic shocks to bank lending can generate aggregate … sector for many countries is indeed granular, as the right tail of the bank size distribution follows a power law. We then …

contribution is two-fold. First, we expand the theory of granularity to encompass the Bertrand competition frequently used in … right tail of the bank size distribution follows a power law. Also, the presence of big banks as measured by high market …

unforeseen expenditure needs, and because investors want to speculate on future investment opportunities. Without further …. Specifically, if the arrival of profitable future investment opportunities is sufficiently likely, such co-existence implies …