As in other sectors, competition in finance matters for allocative, productive and dynamic efficiency. Theory suggests …, however, that unfettered competition is not first best given the special features of finance. I review these analytics and … describe how to assess the degree of competition in markets for financial services. Existing research shows that the degree of …

banks can extract market power rents. We show that more bank competition results in lower economy-wide risk, lower bank … capital ratios, more efficient production plans and Pareto-ranked real allocations. Perfect competition supports a second best … allocation and optimal levels of bank risk and capitalization. These results are at variance with those obtained by a large …

-to-assets ratio is ambiguous. Similarly, as competition increases, the probability of bank failure can either increase or decrease. We …We study a banking model in which banks invest in a riskless asset and compete in both deposit and risky loan markets …. The model predicts that as competition increases, both loans and assets increase; however, the effect on the loans …

Intro -- Contents -- I. INTRODUCTION -- II. LITERATURE REVIEW -- A. Competition and Concentration -- B. Concentration … and Stability -- C. Competition and Stability -- D. Regulation, Supervision and Stability -- III. METHODOLOGY -- A …

smaller bank size. Overall, we find that concentrated market structures and lack of competition in LICs banking systems and … provide strong evidence that policies aimed at fostering banking competition and strengthening institutional frameworks can … at the bank level, we find that within LICs a substantial part of the variation in interest margins can be explained by …

Traditional bank competition policy seeks to balance efficiency with incentives to take risk. The main tools are rules … argue that bank competition policy should be reoriented to deal with the too-big-to-fail (TBTF) problem. It should also … services provision. Modern banking is largely market-based and contestable. Consequently, banks in advanced economies today …

This paper assesses the degree of bank competition and discusses efficiency with regard to banks' financial … market structure in the Ghanaian banking system, which may be hampering financial intermediation. We argue that the structure … in the Ghanaian banking system. …

The paper assesses the degree of banking competition and efficiency in Italy?over time as well as compared to that in … other countries, such as France, Germany, Spain, the United Kingdom, and the United States. The paper finds competition in … the Italian banking sector has intensified in loan and deposit markets in recent years, but banks still operate in a …