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of bilateral bank competition, construct a novel competition measure at the locality level, and assess how well it … competitor has fewer hierarchical layers. Intense bilateral bank competition increases local credit constraints, especially for …We interview 361 European bank CEOs to identify their banks' main competitors. We then provide evidence on the drivers …
Persistent link: https://www.econbiz.de/10012911776
The paper tests the effect of competition on bank risk-taking for a sample of up to 800 banks worldwide over the period … 1995-2010. Following the theoretical literature on bank competition and risk more closely than previous empirical research …, we measure competition at the bank level and separate the effects of competition in deposit and loan markets. We also …
Persistent link: https://www.econbiz.de/10013120445
We use a new regulatory dataset to measure the intensity competition in the UK deposit-taking sector. The novelty of … this study is two-fold. First, the dataset allows us to explore trends in competition intensity over an extended, 24-year …. Second, we take a portmanteau approach and estimate a number of different performance-based competition measures common in …
Persistent link: https://www.econbiz.de/10012978060
We investigate the trade-off between financial stability and competition policy by focusing on the merger of ABN AMRO … and Fortis Bank NL in the Dutch retail banking market. The financial crisis delayed the completion of the merger giving … products using a random-coefficients logit model. On the supply side we assume Bertrand Nash competition in a multiproduct …
Persistent link: https://www.econbiz.de/10012268034
We document that within regional U.S. mortgage markets an increase in competition exerts differential effects on banks … to an increase in the intensity of competition, while small market share banks enhance capitalization and reduce risk … taking. These results are tied to market shares and not driven by bank size or the level of concentration within local …
Persistent link: https://www.econbiz.de/10013211829
regulatory competition when banks are heterogeneous and give loans to firms that produce output in an integrated market. In this … bank profits, taxpayers, and consumers. …
Persistent link: https://www.econbiz.de/10011591503
III rules, thus suggesting a "race to the top" in capital standards. We study regulatory competition when banks are … coordinated ones when governments care equally about bank profits, taxpayers, and consumers. …
Persistent link: https://www.econbiz.de/10011445611
III rules, thus suggesting a 'race to the top' in capital standards. We study regulatory competition when banks are … coordinated ones when governments care equally about bank profits, taxpayers, and consumers. …
Persistent link: https://www.econbiz.de/10011447527
III rules, thus suggesting a ‘race to the top' in capital standards. We study regulatory competition when banks are … coordinated ones when governments care equally about bank profits, taxpayers, and consumers …
Persistent link: https://www.econbiz.de/10012993695
We model the impact of bank mergers on loan competition, banks' reserve holdings and aggregate liquidity. Banks compete … in liquidity risk and expected liquidity needs for each bank and for the banking system. Large mergers tend to increase … expected aggregate liquidity needs, and thus the liquidity provision by the central bank. Comparative statics suggest that a …
Persistent link: https://www.econbiz.de/10009635892