Are More Competitive Banking Systems More Stable?

Are More Competitive Banking Systems More Stable?
This paper provides the first empirical analysis of the cross-country relationship between a direct measure of competitive conduct of financial institutions and banking system fragility. Using the Panzar and Rosse H-Statistic as a measure for competition in 38 countries during 1980-2003, we present evidence that more competitive banking systems... READ MORE...

Publication date: June 2006
ISBN 9781451864038
$15.00

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