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derived from imperfect competition in markets for financial services is implied, which banks exercise vis-à-vis their loan and … deposit customers. In the past, bank regulation has often been blamed for undermining competition and the functioning of … industry, competition and regulation are deeply interrelated as most regulatory institutions, even if they do not explicitly …
Persistent link: https://www.econbiz.de/10009765356
This paper tests for the existence of market power in banking, using data on demand deposit rates of households and corresponding market rates in five euro area countries. An implicit measure for market power is based on a partial adjustment model that also allows for an asymmetric response of...
Persistent link: https://www.econbiz.de/10013153600
Government bond markets play a critical role in the smooth functioning of the financial system, in the conduct and transmission of monetary policy and in the economy as a whole. Maintaining resilient government bond markets is fundamental for policymakers and authorities. This note examines the...
Persistent link: https://www.econbiz.de/10015191064
This paper investigates how competition and firm size affect the relationship between market uncertainty and Ramp …
Persistent link: https://www.econbiz.de/10012725202
Persistent link: https://www.econbiz.de/10001631480
Persistent link: https://www.econbiz.de/10002024458
full of competition and the pressure to consolidate obvious. In this scenario, it is natural that German banks are today …
Persistent link: https://www.econbiz.de/10013145227
financial system in which there is intense competition among banks for private households' funds. Following earlier work by … contracts is restrained by households' financial market access. However, we also assume spatial monopolistic competition among … monopoly rents also entails a positive effect; however, this beneficial effect is only relevant if competition among banks does …
Persistent link: https://www.econbiz.de/10002917590
demarcation that shields the private commercial bank from aggressive competition …
Persistent link: https://www.econbiz.de/10013122865
relationship lending, and rents that accrue due to the elimination of competition among multiple lenders. We find the relationship … against hold-up. -- Banking Competition ; Coordination ; Distress ; Credit Spread ; Hold-up …
Persistent link: https://www.econbiz.de/10003973755