This paper examines the relation between competition in the banking sector and the financial stability on country level. Compared to previous research, it takes a different approach in that it uses realized systemic risk in the form of systemic banking crises instead of the total systemic risk. Theory provides us with two opposing theories regarding the role of competition on stability. Previous studies presented mixed results which leaves us with unresolved questions which this paper tries to answer. The results show that there is evidence for both views, but without giving an all comprehending answer
2006 This Working Paper should not be reported as representing the views of the IMF. The views expre...
Competition policy in the banking sector is complicated by the necessity of maintaining financial st...
Theory makes ambiguous predictions about the relationship between market structure and competitivene...
This paper examines the relation between competition in the banking sector and the financial stabili...
Barbara Casu, Claudia Girardone and Philip Molyneux 3.1 INTRODUCTION Crises in the global financial ...
This paper reexamines the classical issue of the possible trade-offs between banking competition and...
International audienceThe existence of a trade-off between bank competition and financial stability ...
This paper reexamines the classical issue of the possible trade-offs between banking competition and...
This paper reexamines the classical issue of the possible trade-offs between banking competition and...
Using the Panzar and Rosse H-statistic as a measure of competition in 45 countries, we find that mor...
During times of financial crisis, the long-term efficiency goals pursued by competition policy are o...
During times of financial crisis, the long-term efficiency goals pursued by competition policy are o...
Competition in the financial sector is more complex than in the rest of the economy. On the one hand...
There has been a notable debate in the banking literature on the impact of bank competition on finan...
There has been a notable debate in the banking literature on the impact of bank competition on finan...
2006 This Working Paper should not be reported as representing the views of the IMF. The views expre...
Competition policy in the banking sector is complicated by the necessity of maintaining financial st...
Theory makes ambiguous predictions about the relationship between market structure and competitivene...
This paper examines the relation between competition in the banking sector and the financial stabili...
Barbara Casu, Claudia Girardone and Philip Molyneux 3.1 INTRODUCTION Crises in the global financial ...
This paper reexamines the classical issue of the possible trade-offs between banking competition and...
International audienceThe existence of a trade-off between bank competition and financial stability ...
This paper reexamines the classical issue of the possible trade-offs between banking competition and...
This paper reexamines the classical issue of the possible trade-offs between banking competition and...
Using the Panzar and Rosse H-statistic as a measure of competition in 45 countries, we find that mor...
During times of financial crisis, the long-term efficiency goals pursued by competition policy are o...
During times of financial crisis, the long-term efficiency goals pursued by competition policy are o...
Competition in the financial sector is more complex than in the rest of the economy. On the one hand...
There has been a notable debate in the banking literature on the impact of bank competition on finan...
There has been a notable debate in the banking literature on the impact of bank competition on finan...
2006 This Working Paper should not be reported as representing the views of the IMF. The views expre...
Competition policy in the banking sector is complicated by the necessity of maintaining financial st...
Theory makes ambiguous predictions about the relationship between market structure and competitivene...