Competition, efficiency, and stability in banking

K Schaeck, M Cihák - Financial management, 2014 - Wiley Online Library
We examine the effect of competition on banking stability using a new measure of
competition based on the reallocation of profits from inefficient banks to efficient ones. In a …

Capital structure, product market competition and firm performance: Evidence from South Africa

S Fosu - The quarterly review of economics and finance, 2013 - Elsevier
This paper investigates the relationship between capital structure and firm performance,
paying particular attention to the degree of industry competition. The paper applies a novel …

Bank competition, financial reform, and institutions: The importance of being developed

MD Delis - Journal of Development Economics, 2012 - Elsevier
In this paper, I estimate the degree of market power at the bank-level for 84 banking systems
worldwide. Subsequently, I analyze the sources of bank competition, placing emphasis on …

A new approach to measuring competition in the loan markets of the euro area

M Van Leuvensteijn, JA Bikker, AA Van Rixtel… - Applied …, 2011 - Taylor & Francis
This article is the first that applies a new measure of competition, the Boone indicator, to the
banking industry. This approach is able to measure competition of bank market segments …

Competition, efficiency and soundness in European life insurance markets

JD Cummins, M Rubio-Misas, D Vencappa - Journal of Financial Stability, 2017 - Elsevier
This paper provides cross-country evidence on the association between soundness and
competition in the life insurance industry, where competition is measured by the Boone …

Impact of bank competition on the interest rate pass-through in the euro area

M Van Leuvensteijn, CK Sørensen, JA Bikker… - Applied …, 2013 - Taylor & Francis
This article analyses the impact of loan market competition on the interest rates applied by
euro area banks to loans during the period 1994–2004, using a novel measure of …

A new data set on competition in national banking markets

S Clerides, MD Delis, S Kokas - Financial Markets, Institutions …, 2015 - Wiley Online Library
We estimate the degree of competition in the banking sectors of 148 countries over the
period 1997–2010 using three methods: the Lerner index, the adjusted Lerner index, and …

[HTML][HTML] What are the driving forces of bank competition across different income groups of countries?

A Mirzaei, T Moore - Journal of International Financial Markets, Institutions …, 2014 - Elsevier
This paper rigorously investigates the determinants of bank competition for 146 countries
over the sample period 1999–2011. The results employing both the Lerner index and the …

Competition and efficiency in the Dutch life insurance industry

JA Bikker, M Van Leuvensteijn - Applied Economics, 2008 - Taylor & Francis
The lack of available prices in the Dutch life insurance industry makes competition an
elusive concept that defies direct observation. Therefore, this article investigates competition …

Competition, efficiency, and soundness in banking: An industrial organization perspective

K Schaeck, M Čihák - European banking center discussion Paper, 2010 - papers.ssrn.com
How can competition enhance bank soundness? Does competition improve soundness via
the efficiency channel? Do banks heterogeneously respond to competition? To answer …