A distinguished economist examines competition, regulation, and stability in today's global banks Does too much competition in banking hurt society? What polici

A distinguished economist examines competition, regulation, and stability in today's global banks Does too much competition in banking hurt society? What polici

This report examines the interplay between banking competition and financial stability, taking into account the experiences in the recent global crisis and the

We study versions of a general equilibrium banking model with moral hazard under either constant or increasing returns to scale of the intermediation technology

The banking sector in Europe is subject to continuous change. Banks are taking up new types of business in order to diversify their risk; new players such as in