This paper documents a positive relation between bank competition and the penetration of bank accounts at the municipal … of an additional branch by a bank who is already present in the local market. Our results suggest that competition policy …

This paper is the first detailed and world-wide investigation of the developments in banking competition during the … the banking industry. The changes in competition over time are small on average, but substantial for several countries and … regions. Various Western economies faced a significant decline in banking competition during recent years. In particular, the …

This paper demonstrates that the level of competition in the existing Panzar Rosse (P-R) literature is systematically … overestimated and that the tests on both monopoly and perfect competition are distorted. This is due to the use of bank revenues … and empirical evidence to illustrate the impact of the misspecification on the estimation of competition and the …

We model the impact of bank mergers on loan competition, banks' reserve holdings and aggregate liquidity. Banks compete …

We show that competing firms relax overall competition by lowering future barriers to entry.We illustrate our findings …-period profits.This dampens competition for serving the first-period market. …

This paper documents a positive relation between bank competition and the penetration of bank accounts at the municipal … of an additional branch by a bank who is already present in the local market. Our results suggest that competition policy …