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deregulation process. We find that once the geographic deregulation process finishes, inter-regional mergers between savings banks … will be mergers between savings and commercial banks. -- branch deregulation ; mergers ; optimal behavior ; Spanish banking …
Persistent link: https://www.econbiz.de/10009355559
This paper explores how banks react to an exogenous shock caused by Hurricane Katrina in 2005, and how the structure of the banking system affects economic development following the shock. Independent banks based in the disaster areas increase their risk-based capital ratios after the hurricane,...
Persistent link: https://www.econbiz.de/10012061870
We propose a new test to evaluate the impact of horizontal mergers on competition in the banking industry. The test is designed to be applied ex-ante to potential mergers while being parsimonious in terms of data, as it only uses information on branches in local markets. The test is a...
Persistent link: https://www.econbiz.de/10012906151
This paper analyses the relation between competition and concentration in a monopolistic competition model where banks compete in branching and interest rates and where M&As as well as the overall market structure are endogenously determined. The model is tested on data on Bank Groups, collected...
Persistent link: https://www.econbiz.de/10013073118
This paper analyses the relation between competition and concentration in the banking sector. The empirical answer is given by testing a monopolistic competition model of bank branching behaviour on individual bank data at county level (départements and provinces) in France and Italy. We...
Persistent link: https://www.econbiz.de/10008735753
This paper analyses the relation between competition and concentration in a monopolistic competition model where banks compete in branching and interest rates and market structure is endogenous. The model is applied on individual bank data in Italy and France using a maximum likelihood approach...
Persistent link: https://www.econbiz.de/10013094359
The conventional paradigm about development banks is that these institutions exist to target well-identified market failures. However, market failures are not directly observable and can only be ascertained with a suitable learning process. Hence, the question is how do the policymakers know...
Persistent link: https://www.econbiz.de/10012004170
This study considers the efficiency of banking in Australia during the post-deregulation period 1988-2001. Since 1986 … banks have used size as a barrier to entry to the new entrants in the post-deregulation period. Furthermore, bank efficiency … seems to have increased post-deregulation and the competition resulting from diversity in bank types was important to prompt …
Persistent link: https://www.econbiz.de/10011514045
across states than banks that do not face such risks following branching deregulation in the United States during the 1990s …
Persistent link: https://www.econbiz.de/10012062181
across states than banks that do not face such risks following branching deregulation in the 1990s and 2000s. These banks … with high locally non-diversifiable risks also benefit relatively more from deregulation in terms of higher bank stability …
Persistent link: https://www.econbiz.de/10011981513