Contents: Part I. Measurement of financial-sector competition -- 1. Market power: competition among measures / Sherrill Shaffer and Laura Spierdijk -- 2. The Panzar-Rosse revenue test and market power in banking: an empirical illustration / Sherrill Shaffer and Laura Spierdijk -- 3. Adapting conjectural variations methods to banking competition / Bastiaan Overvest -- 4. Bank risk and competition: the other side of the story / Laura Spierdijk and Michalis Zaouras -- 5. Banking competition, concentration and critical mass / Jaap Bos, Yee Ling Chan, James W. Kolari and Jiang Yuan -- Part II. Empirical results on competition in banking and insurance -- 6. Global developments in banking competition / Martien Lamers and Victoria Purice -- 7. Competition in the European banking markets in the aftermath of the financial crisis / Juan Fernández de Guevara and Joaquín Maudos -- 8. Banking competition in China / Zuzana Fungáčová and Laurent Weill -- 9. Performance of the life insurance industry under pressure: efficiency, competition, and consolidation / Jacob A. Bikker -- Part III. Spill-overs of financial-sector competition -- 10. Bank competition and financial stability / Allen N. Berger, Leora F. Klapper and Rima Turk-Ariss -- 11. Measuring agency costs and the value of investment opportunities of U.S. bank holding companies with stochastic frontier estimation / Joseph P. Hughes, Loretta J. Mester and Choon-Geol Moon -- 12. Banking competition and economic growth / Paolo Coccorese -- 13. Shadow banking and competition: decomposing market power by activity / Daniele Titotto and Steven Ongena -- 14. Banking competition and interest rate pass-through / Stephanie Kleimeier and Harald Sander -- Part IV. Competition in banking submarkets and subsectors -- 15. SME business loans / Richard J. Rosen and Gregory F. Udell -- 16. Competition in the markets of deposits and business and consumer loans / Wilko Bolt and David Humphrey -- 17. Competition and contestability in bank retail markets / Reint Gropp and Christoffer Kok -- 18. Bank market power and loan growth / Manthos D. Delis, Iftekhar Hasan, Sotirios Kokas, Liuling Liu and Nikolaos Mylonidis -- Index.
