, while cross-country studies point mostly to a positive relationship between competition and stability in the banking system …. Where liberalization and unfettered competition have resulted in fragility, this has been mostly the consequence of … regulatory and supervisory failures. The advantages of competition for an efficient and inclusive financial system are strong …

Under the traditional "competition-fragility" view, more bank competition erodes market power, decreases profit margins …, and results in reduced franchise value that encourages bank risk taking. Under the alternative "competition …-stability" view, more market power in the loan market may result in greater bank risk as the higher interest rates charged to loan …

(1) in more concentrated banking systems, (2) in countries with fewer regulatory restrictions on bank competition and …The authors study the impact of bank concentration, regulations, and national institutions on the likelihood of … activities, and (3) in economies with better institutions, that is, institutions that encourage competition and support private …

level runs via competition. (iv) Government interventions disparately affect bank customers' welfare. While liquidity …, recapitalizations, and nationalizations affect banking competition. This debate is important because the pricing of banking products has …, and the competitive response also cannot be explained by alternative forces. The competition-increasing effect on Lerner …

The relationships among competition in the financial sector, access of firms to external financing, and associated … economic growth are ambiguous in theory. Moreover, measuring competition in the financial sector can be complex. In this paper … the authors first estimate for 16 countries a measure of banking system competition based on industrial organization …

contestability determines effective competition, especially by allowing (foreign) bank entry and reducing activity restrictions on …Using bank-level data, the authors apply the Panzar and Rosse (1987) methodology to estimate the extent to which … systems with greater foreign bank entry and fewer entry and activity restrictions to be more competitive. They find no …

of bank competition on firms' access to finance. They find that low competition, as measured by high values of the Lerner … information, can mitigate the damaging impact of low competition. But other characteristics, such as high government bank … index, diminishes firms' access to finance, while commonly-used bank concentration measures are not robust predictors of …

This paper explores the empirical relationship between bank competition, bank concentration, and the emergence of … contrast, the data show no significant relationship between bank competition or concentration and the emergence of a public … greater threat of competition) are less likely to have a credit bureau, presumably because banks are less willing to share …

The authors report cross-country data on commercial bank regulation and ownership in more than 60 countries. They … mixing of banking and commerce be restricted by regulating commercial bank's ownership of non-financial firms and non …, insurance, and real estate transactions and how well-developed the banking sector, how well-developed securities markets and non-bank …