estimated credit condition index has a high correlation with the Bank Lending Survey, a quarterly survey in which banks are … estimate a credit condition index (CCI). The credit conditions index represents changes in the supply of credit over time … financial futures, options, swaps, securitized loans and synthetic securities which allowed for easy access to credit for …

literature suggest a negative effect of (price) competition on investments in mobile networks. To the best of our knowledge this … auctions may alter competition in the mobile market. …

This paper investigates the impact of technical progress on the relationship between competition an investment. Using a … model of oligopoly competition with di¤erentiated products where firms invest to reduce their marginal cost of production, I … competition that maximizes investment of the industry. This feature holds also for consumer surplus and Welfare. In the model …

We investigate the trade-off between financial stability and competition policy by focusing on the merger of ABN AMRO … products using a random-coefficients logit model. On the supply side we assume Bertrand Nash competition in a multiproduct …

frictions, the co-existence of these motives enables banks to gain efficiencies from combining liquidity insurance and credit …

runs, and face a threat of entry. Higher competition increases deposit rates and bank fragility, resulting in an … intermediate socially optimal level of bank competition. We provide a novel theory of bank opacity. The cost of opacity is more …