competition in the retail banking industry. In some countries, the regulatory framework has been adapted to allow non-banks to …

How can competition enhance bank soundness? Does competition improve soundness via the efficiency channel? Do banks … through which competition contributes to bank soundness. In a final examination of banks' heterogeneous responses to … heterogeneously respond to competition? To answer these questions, we exploit an innovative measure of competition [Boone, J., A New …