Degl’Innocenti, Marta; Girardone, Claudia; Torluccio, … - In: Journal of International Financial Markets, … 31 (2014) C, pp. 231-252
This paper examines the competitive dynamics and multimarket characteristics of the Italian leasing industry. We employ a GMM-system estimator for dynamic panel analysis using a unique dataset over 2002–2008. Our main findings suggest that there is no evidence of tacit collusion in the Italian...