, we show that the economic impact of changes in bank capital requirements depends on the state of the macro …, the impact on bank loan supply works through a ”pricing channel” which is small: around 0.1% less loans for a 1pp increase …

In a payment card association such as Visa, each time a consumer pays by card, the bank of the merchant (acquirer) pays … an interchange fee (IF) to the bank of the cardholder (issuer) to carry out the transaction. This paper studies the …

changes and durations of price spells are estimated to characterize price setting in Austria. Depending on the estimation …

From the onset of the 2007-2009 crisis, the Federal Reserve and the European Central Bank have aggressively lowered … has partial control over bank regulation it can exercise regulatory lenience. Two, the Fed's stronger output orientation …

A growing body of literature indicates that competition increases bank soundness. Applying an industrial organization … indeed increases bank efficiency. Second, building on these results, we examine the relation between the Boone indicator … bank soundness. We find evidence that competition robustly increases bank soundness, via the efficiency channel. …