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selected stability and competition outcomes in these sectors. Based on survey information on financial market regulation …-oriented regulatory policies and competition in banking and insurance.<P>Régulation prudentielle et concurrence sur les marchés financiers …
Persistent link: https://www.econbiz.de/10008498028
necessarily face fierce competition. Because the industry is highly fragmented, strict separation of the three existing banking … pillars may impede competition, with negative effects on financial stability. We assess the competitive stances of 1 …,888 universal banks from 2001 to 2009 by using the Panzar–Rosse revenue test. We find evidence that measuring competition at an …
Persistent link: https://www.econbiz.de/10010679279
We study the relationship between bank competition and stability for 145 countries over the period 1997–2010. We use … three measures of bank competition, namely the Boone indicator, the Lerner and the adjusted Lerner indices, and two … econometric methods. Our results show that bank competition is detrimental to bank stability, and it also shortens the survival …
Persistent link: https://www.econbiz.de/10011263394
Many studies have attempted to investigate the determinants and implications of competition in the banking industry …. The literature on the measurement of competition can be divided between the structural and non-structural approaches. The … structural approach infers the degree of competition from the structure of the market. The non-structural approach, based on the …
Persistent link: https://www.econbiz.de/10010883832
Many studies have attempted to investigate the determinants and implications of competition in the banking industry …. The literature on the measurement of competition can be divided between the structural and non-structural approaches. The … structural approach infers the degree of competition from the structure of the market. The non-structural approach, based on the …
Persistent link: https://www.econbiz.de/10011071039
question : why do banks fund loans with both equity and demand deposits ? The model determines the optimal bank capital … structure. In comparison with a Diamond-Dybvig bank which funds loans with demand deposits only, a capitalized financial …
Persistent link: https://www.econbiz.de/10010707190
more than 1,000 bank failures in the U.S. between 1984 and 2005, I present a quantile regression approach that illustrates …
Persistent link: https://www.econbiz.de/10012772954
Many market practitioners base their parameter estimates on results reported in rating agency default studies. Although the comparability of default rates reported by the agencies has increased in recent years, many differences in default rate calculation methodologies remain. One important and...
Persistent link: https://www.econbiz.de/10012773516
Credit migration matrices are cardinal inputs to many risk management applications. Their accurate estimation is therefore critical. We explore three approaches, cohort and two variants of duration - time homogeneous and non-homogeneous - and the resulting differences, both statistically through...
Persistent link: https://www.econbiz.de/10012739868
Previous studies that aim to determine factors impacting the deposit insurer's loss arising from bank failures use … required. Using a sample of more than 1,000 bank failures in the US between 1984 and 1996, we present a quantile regression …
Persistent link: https://www.econbiz.de/10012726998