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Persistent link: https://www.econbiz.de/10011387176
measures of profitability in the sector. They were indicating that the accumulation of assets eats into the incomes of banks in …
Persistent link: https://www.econbiz.de/10012817790
This paper analyses structural and cyclical determinants of banking profitability in 16 Western European countries. We …. The industry concentration of national banking systems, though, does not significantly affect aggregate profitability …
Persistent link: https://www.econbiz.de/10012989284
A numbers of studies focusing on the determinant of the insurance market efficiency haveincreased in the last decade. In fact, many factors, like the CEO's power, can influence the efficiency in the insurance firm. The purpose of this research is to analyze the relationship between efficiency,...
Persistent link: https://www.econbiz.de/10011474418
trading like traditional circuit breaker, these short-living call auctions allow for continual price discovery after price … assess whether such auctions contribute to price uncertainty resolution and how they influence post-auction continuous … trading. We find that volatility interruptions dissolve on average 36 percent of the pre-interruption price uncertainty. In …
Persistent link: https://www.econbiz.de/10013061830
Using aggregate balance sheet data from banks across the EU-25 over the period from 1997 to 2005 this paper provides empirical evidence that national banking market concentration has a negative impact on European banks’ financial soundness as measured by the Z-score technique while controlling...
Persistent link: https://www.econbiz.de/10003894737
How do concentration and competition in the European banking sector affect lending relationships between small and medium sized enterprises (SMEs) and their banks? Recent empirical evidence suggests that concentration and competition capture different characteristics of banking systems. Using a...
Persistent link: https://www.econbiz.de/10013152904
This supplemental appendix extends the results in Mancini, Ranaldo, and Wrampelmeyer (2015) by presenting additional analyses and robustness checks. It also describes the procedure to construct proxies for the volume-weighted average haircuts applied by the ECB and Eurex Repo.The paper "The Euro...
Persistent link: https://www.econbiz.de/10013034557
We use panel data from the EU-25 to estimate the effect of changes in the degree of banking market concentration on the stability of banks by performing separate analyses at the country level and the bank level. The results indicate that the level of analysis matters. Whereas our country-level...
Persistent link: https://www.econbiz.de/10012904493
The European banking industry joined forces to achieve a fully integrated market for retail payment services in the euro area: the Single Euro Payments Area (SEPA). Against this background, the present paper examines the fundamental relationship between retail payment business and overall bank...
Persistent link: https://www.econbiz.de/10003969424