A growing body of literature indicates that competition increases bank soundness. Applying an industrial organization … role in the transmission from competition to soundness. We use a twopronged approach. First, we employ Granger causality … tests to establish the link between competition and measures of profit efficiency in banking, and find that competition …

affect profitability, market structure and welfare. Based on unique data for all retail food stores in Sweden, we estimate … show that welfare increases when competition is enhanced by lower entry costs. Protecting small stores by imposing …

In this paper, unlike the conventional wisdom, we demonstrate that the relationship between the size of the market and …

market expansion, pollution may increase even if substitution towards the green variant occurs. However, this only happens if …

products’ attractiveness and endogenous competition. The model is motivated by two novel stylized facts using Danish … feature the toughest competition. Depending on the strength of competition, two sorting patterns are possible: one in which … quantifying our model, we find that product-specific differences in attractiveness and competition explain a quarter of the …