amount of duplication of research. An increase in the intensity of competition among firms leads to an increase in the …

quarterly bank-firm lending data with detailed information on borrowers and lenders. Our results indicate that foreign sales are … insensitive to variations in external finance. While German banks affected by the crisis have significantly reduced their credit …

connected issues, mainly incentives and market discipline, regulation, competition and shadow banking, and size and structure of …

contribution is two-fold. First, we expand the theory of granularity to encompass the Bertrand competition frequently used in …

This study investigates the bank competition-stability nexus using a unique regulatory dataset provided by the Deutsche …-varying characteristics of banks which are likely to influence the competition-risk taking channel. Third, we include different measures of … competition, contestability and market power, each corresponding to a different contextual level of a bank s competitive …

This paper studies regulatory competition in the banking sector in a model where banks are heterogeneous and taxpayers … strictly regulated country. In this model, regulatory competition in capital standards may lead to a `race to the top' for two …

higher loan interest rates, then borrowers are likely to become more risky, which may destabilize the lending bank. This … capital requirement regulation restricts the lending capacity of banks, and therefore reduces the intensity of loan interest … rate competition and increases the banks price setting power as shown in Schliephake and Kirstein (2013). This paper …