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The papers in this volume were commissioned with the aim of exploring the significant structural changes in the financial system over the past decade or so and the implications for policy-makers charged with the responsibility of maintaining financial system stability
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Korean banking sector. We examine the effects of market concentration on bank efficiency and competition for the period of … 1992-2006. Three different indicators of bank inefficiency are used in this study, including X-inefficiency that is derived … market concentration has not improved bank efficiency through scale economies or scope economies. Instead, recent mergers …
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