Bremus, Franziska; Buch, Claudia M.; Russ, Katheryn N.; … - Volkswirtschaftliche Fakultät, … - 2013
models of banking. Using a model with banks of heterogenous size who charge endogenous markups, we show under which … conditions granular effects emerge. Second, we empirically assess the relevance of granularity effects in banking using a linked … micro-macro dataset of more than 80 countries for the years 1996-2009. We show that the banking sector is granular, i.e. the …