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Recent Developments in European Bank Competition / Yu Sun.
- Format:
- Book
- Government document
- Author/Creator:
- Sun, Yu.
- Series:
- IMF Working Papers; Working Paper ; No. 2011/146
- IMF Working Papers
- Language:
- English
- Subjects (All):
- Banks and banking--European Union countries--Econometric models.
- Banks and banking.
- Competition--European Union countries--Econometric models.
- Competition.
- Banks and banking--Econometric models.
- Physical Description:
- 1 online resource (39 p.)
- Place of Publication:
- Washington, D.C. : International Monetary Fund, 2011.
- Language Note:
- English
- Summary:
- This paper investigates the degree of bank competition in the euro area, the U.S. and U.K. before and after the recent financial crisis, and revisits the issue whether the introduction of EMU and the euro have had any impact on bank competition. The results suggest that the level of bank competition converged across euro area countries in the wake of the EMU. The recent global financial crisis led to a fall in competition in several countries and especially where large credit and housing booms had preceded the crisis..
- Contents:
- Cover Page; Title Page; Copyright Page; Contents; I. Introduction; A. Bank Competition: Measurement; B. Determinants of Competition; C. Effects of Competition; II. The Empirical Model; A. The Panzar-Rosse Methodology; B. The Model and H-statistic; C. Equilibrium Test; III. Data and Empirical Results; A. Data; Traditional Measures of Financial Development Across Countries; 1. Summary Statistics; 2. Correlation Matrix Between Major Variables; 3. H-Statistics Over Time; B. Results; 4. H-Statistics of Banking System by Size; 5. H-Statistics of Banking System by Bank Types
- 6. H-Statistics of Banking System by Foreign/Domestic OwnershipIV. Conclusion; Appendix: Simplified Panzar-Rosse model; Footnotes
- Notes:
- Description based upon print version of record.
- Includes bibliographical references.
- Description based on online resource; title from PDF title page (ebrary, viewed September 23, 2014).
- ISBN:
- 9786613879295
- 9781462359691
- 1462359698
- 9781462330430
- 1462330436
- 9781283566841
- 1283566842
- 9781455269488
- 1455269484
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