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demand and pricing equations are also estimated to separate network differentiation effects from collusion in loan and … with predictions concerning the technological transformation of services' delivery in banking. Differentiation is found to …The paper presents a method of measuring bank differentiation in terms of branch and ATM networks and uses the measures …
Persistent link: https://www.econbiz.de/10005648908
Persistent link: https://www.econbiz.de/10010468561
insight holds across any industry, we study this question with an application to the banking sector, in light of the recent …
Persistent link: https://www.econbiz.de/10010437796
This paper shows how price leadership bans imposed, as part of the European Commission's State aid control, on all main mortgage providers but the largest bank shifted the Dutch mortgage market from a competitive to a collusive price leadership equilibrium. In May 2009, mortgage rates in The...
Persistent link: https://www.econbiz.de/10011979609
insight holds across any industry, we study this question with an application to the banking sector, in light of the recent …
Persistent link: https://www.econbiz.de/10011442879
We show how price leadership bans, imposed as part of the European Commission's State aid control on all main mortgage providers except the largest bank, shifted the Dutch mortgage market from a competitive to a collusive price leadership equilibrium. In May 2009, mortgage rates in the...
Persistent link: https://www.econbiz.de/10012114767
The fixing of the Libor and Euribor benchmark rates has proven vulnerable to manipulation. Individual rate-setters may have incentives to fraudulently distort their submissions. For the contributing banks to collectively agree on the direction in which to rig the rate, however, their interests...
Persistent link: https://www.econbiz.de/10011780773
The fixing of the Libor and Euribor benchmark rates has proven vulnerable to manipulation. Individual rate-setters may have incentives to fraudulently distort their submissions. For the contributing banks to collectively agree on the direction in which to rig the rate, however, their interests...
Persistent link: https://www.econbiz.de/10011791538
Die internationale Finanzkrise ist aufdem besten Wege, sich zu einer weltweitenWirtschaftskrise zu entwickeln.Bei dem sich abzeichnenden schwerenAbschwung handelt es sich nicht um einegewöhnliche Rezession, sondern um eineBilanzrezession. In dieser stößt eineexpansive Geldpolitik schnell an...
Persistent link: https://www.econbiz.de/10005865951
We study differences in the price paid for liquidity across banks using price data atthe individual bank level. Unique to this paper, we also have data on individualbanks’ reserve requirements and actual reserve holdings, thus allowing us to gaugethe extent to which a bank is short or long...
Persistent link: https://www.econbiz.de/10005866158