intense competition and historically high profit rates in commercial banking as Volcker’s Paradox. In this paper I extend the … financial industries that makes what Schumpeter called “corespective” competition and the exercise of market power possible … (thus raising the possibility that competition is not universally as intense as Volcker assumed); increased risk …

strange coexistence of intense competition and historically high profit rates in commercial banking as Volcker’s Paradox. He …

The aim of this paper is to analyze the process of integration and competition in European financial markets. We … particular, retail markets. Regarding competition, the evidence is not so conclusive. The fact is that although absolute margins … (fiscal, regulatory, institutional, etc) which protect national markets from foreign competition are the main obstacles to …

on the structure of competition in the credit card industry. Potential reasons for the lack of competitions are denoted … cost of fund. This result indicates that Turkish credit card market is characterized with lack of strong competition and …

runs, and face a threat of entry. We show how shocks that increase bank competition or bank transparency increase deposit … rates, costly withdrawals, and thus bank fragility. Therefore, perfect competition is not socially optimal. We also propose …