We model the impact of bank mergers on loan competition, reserve holdings and aggregate liquidity. A merger creates an … the interbank market. Loan market competition modifies the heterogeneity in the size of banks, thus affecting aggregate …

through self-assessment) to taking part in a mandatory competition predict individual willingness to participate in a … voluntary competition. We find that while the mandatory competition does increase stress levels, there is no gender difference … correlated with choosing to enter the voluntary competition for women. In Experiment 2 we exogenously induce stress using the …

through self-assessment) to taking part in a mandatory competition predict individual willingness to participate in a … voluntary competition. We find that while the mandatory competition does increase stress levels, there is no gender difference … correlated with choosing to enter the voluntary competition for women. In Experiment 2 we exogenously induce stress using the …