Handbook of Competition in Banking and Finance

Couverture
Jacob A. Bikker, Laura Spierdijk
Edward Elgar Publishing, 29 sept. 2017 - 424 pages

For academics, regulators and policymaker alike, it is crucial to measure financial sector competition by means of reliable, well-established methods. However, this is easier said than done. The goal of this Handbook is to provide a collection of state-of-the-art chapters to address this issue. The book consists of four parts, the first of which discusses the characteristics of various measures of financial sector competition. The second part includes several empirical studies on the level of, and trends in, competition across countries. The third part deals with the spillovers of market power to other sectors and the economy as a whole. Finally, the fourth part considers competition in banking submarkets and subsectors. 

 

Table des matières

Introduction
1
PART I MEASUREMENT OF FINANCIALSECTOR COMPETITION
9
competition among measures
11
an empirical illustration
27
3 Adapting conjectural variations methods to banking competition
46
the other side of the story
52
why the HerfindahlHirschman Index is a biased competition measure
58
PART II EMPIRICAL RESULTS ON COMPETITION IN BANKING AND INSURANCE
89
10 Bank competition and financial stability
185
11 Measuring agency costs and the value of investment opportunities of US bank holding companies with stochastic frontier estimation
205
12 Banking competition and economic growth
230
decomposing market power by activity
264
14 Banking competition and interest rate passthrough
305
PART IV COMPETITION IN BANKING SUBMARKETS AND SUBSECTORS
323
15 SME business loans
325
16 Competition and price conduct by bank service line
340

6 Global developments in banking competition
91
7 Competition in the European banking markets in the aftermath of the financial crisis
118
8 Bank competition in China
139
efficiency competition and consolidation
152
PART III SPILLOVERS OF FINANCIAL SECTOR COMPETITION
183
17 Competition and contestability in bank retail markets
365
18 Bank market power and loan growth
383
Index
401
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