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-distribute market power differentially, but not necessarily banking profits …
Persistent link: https://www.econbiz.de/10012963132
The trade-off between bank competition and financial stability has always been a widely and controversial issue, both … stability by decreasing systemic risk. This result can be explained by the fact that weak competition tends to increase the … among policymakers and academics. This paper empirically re-investigates the relationship between competition and bank risk …
Persistent link: https://www.econbiz.de/10013004570
This study investigates if the Troubled Asset Relief Program (TARP) distorted price competition in U.S. banking …
Persistent link: https://www.econbiz.de/10013007774
This study investigates if the Troubled Asset Relief Program (TARP) distorted price competition in U.S. banking …
Persistent link: https://www.econbiz.de/10013020652
banking sector? Using a hand-collected dataset of European banks from 2007 to 2017 and adopting a dynamic difference … public rescue packages in smoothing peers’ risk-taking incentives and avoiding distortions in the competition …
Persistent link: https://www.econbiz.de/10014362236
derived from imperfect competition in markets for financial services is implied, which banks exercise vis-à-vis their loan and … deposit customers. In the past, bank regulation has often been blamed for undermining competition and the functioning of … market forces in the financial industry for the sake of soundness and the stability of financial services firms. This chapter …
Persistent link: https://www.econbiz.de/10009765356
Based on Becker, Kane, Niskanen, and Peltzman's ideas, we develop a model to explain why deposit insurance is adopted even though policymakers are aware of its pitfalls in both theory and practice. In our model, the regulator acts as both a bureaucrat and an entrepreneur to maximize his...
Persistent link: https://www.econbiz.de/10012886290
Persistent link: https://www.econbiz.de/10009722695
Rather than taking on more risk, US insurers hit hard by the crisis pulled back from risk taking, relative to insurers hit less hard by the crisis. Capital requirements alone do not explain this risk reduction: insurers hit hard reduced risk within assets with identical regulatory treatment....
Persistent link: https://www.econbiz.de/10011848370
In August 2007 the United Kingdom experienced its first bank run in over 140 years. Although Northern Rock was not a particularly large bank (it was at the time ranked 7th in terms of assets) it was nevertheless a significant retail bank and a substantial mortgage lender. In fact, ten years...
Persistent link: https://www.econbiz.de/10011689937