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The profit-maximizing and oligopoly bank model developed by Bresnahan and Lau allows determining the degree of market … competition but which is partially used in the case of oligopoly or monopolistic competition, and it is fully used in the case of … monopoly. This paper explores the degree of competition in the credit market of Argentina in the period 2002-2007. The …
Persistent link: https://www.econbiz.de/10010325100
The profit-maximizing and oligopoly bank model developed by Bresnahan and Lau allows determining the degree of market … competition but which is partially used in the case of oligopoly or monopolistic competition, and it is fully used in the case of … monopoly. This paper explores the degree of competition in the credit market of Argentina in the period 2002-2007. The …
Persistent link: https://www.econbiz.de/10010849668
-- Argentina ; banks ; Cournot equilibrium ; market power ; loan markets ; oligopoly ; perfect competition …
Persistent link: https://www.econbiz.de/10009010995
Bresnahan and Lau developed a model of profit maximising oligopoly banks in order to determine the degree of market … competition, partly used under oligopoly or monopolistic competition and fully used under monopoly. The data requirements of the …
Persistent link: https://www.econbiz.de/10014523422
Argentina's once strong money and banking system deteriorated in the 1920s and was devastated by the Great Depression … crisis involves no timing puzzle. The tension between internal and external convertibility can be felt when banks fall into …
Persistent link: https://www.econbiz.de/10014122399
-interest rate credit conditions and terms, the risk perception of banks and the willingness of banks to lend. Credit standards are … the internal guidelines or criteria of a bank which reflect the bank’s loan policy. The terms and conditions of a loan …
Persistent link: https://www.econbiz.de/10011606175
-interest rate credit conditions and terms, the risk perception of banks and the willingness of banks to lend. Credit standards are … the internal guidelines or criteria of a bank which reflect the bank’s loan policy. The terms and conditions of a loan …
Persistent link: https://www.econbiz.de/10005530667
The literature on the effects of bank market power on access to credit has produced many results that are sometimes contradictory. Yet, this paper draws attention to a problematic aspect of traditional measures of bank market power, which are generally based on unconsolidated data and ignore the...
Persistent link: https://www.econbiz.de/10013228837
The lending channel is conventionally understood to transmit monetary policy through new loans. We postulate that the lending channel may also operate via the stock of existing loans. In this context, this paper documents a wide diversity in borrowers' features, loan features and price...
Persistent link: https://www.econbiz.de/10012976960
:(a) Chapter One focuses on the European Central Bank (ECB) within the European System of Central Banks (ESCB):• the first two …
Persistent link: https://www.econbiz.de/10012921800