Bank competition and stability: Cross-country heterogeneity

Abiad, A., Detragiache, E., Tressel, T., 2008. A new database of financial reforms. International Monetary Fund, Working Paper No. 08/266.

Acharya, 2007, Too many to fail – an analysis of time-inconsistency in bank closure policies, J. Finan. Intermediation, 16, 1, 10.1016/j.jfi.2006.06.001

Allen, 2011, Credit market competition and capital regulation, Rev. Finan. Stud., 24, 983, 10.1093/rfs/hhp089

Allen, 2000

Allen, 2004, Competition and financial stability, J. Money, Credit, Banking, 36, 453, 10.1353/mcb.2004.0038

Bank for International Settlements, 2001. The banking industry in the emerging market economies: competition, consolidation and systemic stability. BIS Paper 4.

Barth, 2006

Barth, 2008

Beck, T., 2008. Bank competition and financial stability: friends or foes? In: Bank Indonesia and Banco de Mexico (Eds.), Competition in the Financial Sector.

Beck, 2006, Bank concentration, competition, and crises: first results, J. Banking Finance, 30, 1581, 10.1016/j.jbankfin.2005.05.010

Beck, 2010, Financial institutions and markets across countries and over time: the updated financial development and structure database, World Bank Econ. Rev., 24, 77, 10.1093/wber/lhp016

Beck, 2010, Big bad banks? The winners and losers from bank deregulation in the united states, J. Finance, 65, 1637, 10.1111/j.1540-6261.2010.01589.x

Berger, 2009, Bank competition and financial stability, J. Finan. Services Res., 35, 99, 10.1007/s10693-008-0050-7

Bertrand, 2007, Banking deregulation and industry structure: evidence from the french banking reforms of 1985, J. Finance, 62, 597, 10.1111/j.1540-6261.2007.01218.x

Boot, 1993, Self-interested bank regulation, Amer. Econ. Rev., 83, 206

Boyd, 2005, The theory of bank risk taking and competition revisited, J. Finance, 60, 1329, 10.1111/j.1540-6261.2005.00763.x

Boyd, J.H., De Nicolo, G., Jalal, A.M., 2006. Bank risk-taking and competition revisited: new theory and new evidence. IMF Working Paper No. 06/297.

Boyd, 1993, Size and performance of banking firms – testing the predictions of theory, J. Monet. Econ., 31, 47, 10.1016/0304-3932(93)90016-9

Brown, 2011, Too many to fail? Evidence of regulatory forbearance when the banking sector is weak, Rev. Finan. Stud., 24, 1378, 10.1093/rfs/hhp039

Carletti, 2008, Competition and regulation in banking, 449

Carletti, E., Vives, X., 2009. Regulation and competition policy in the banking sector in competition policy in the EU, pp. 260–284.

Cetorelli, 2001, Banking market structure, financial dependence and growth: international evidence from industry data, J. Finance, 56, 617, 10.1111/0022-1082.00339

Claessens, 2004, What drives bank competition? Some international evidence, J. Money, Credit, Banking, 36, 563, 10.1353/mcb.2004.0044

Claessens, S., van Horen, N., 2012. Foreign banks: trends, impact and financial stability. International Monetary Fund, Working Paper No. 12/10.

De Jonghe, 2010, Back to the basics in banking? A micro-analysis of banking system stability, J. Finan. Intermediation, 19, 387, 10.1016/j.jfi.2009.04.001

Degryse, 2008, Competition and regulation in the banking sector: a review of the empirical evidence on the sources of bank rents, 483

Dell’Ariccia, 2004, Information and bank credit allocation, J. Finan. Econ., 72, 185, 10.1016/S0304-405X(03)00210-1

Dell’Ariccia, 2006, Lending booms and lending standards, J. Finance, 61, 2511, 10.1111/j.1540-6261.2006.01065.x

Demirguc-Kunt, 2002, Does deposit insurance increase banking system stability? An empirical investigation, J. Monet. Econ., 49, 1373, 10.1016/S0304-3932(02)00171-X

Demirguc-Kunt, 2004, Market discipline and deposit insurance, J. Monet. Econ., 51, 375, 10.1016/j.jmoneco.2003.04.001

Demirguc-Kunt, 2010, Bank activity and funding strategies: the impact on risk and returns, J. Finan. Econ., 98, 626, 10.1016/j.jfineco.2010.06.004

Demirguc-Kunt, 2002, Deposit insurance around the globe: where does it work?, J. Econ. Perspect., 16, 175, 10.1257/0895330027319

Demirguc-Kunt, A., Karacaovali, B., Laeven, L., 2005. Deposit insurance around the world: a comprehensive database. Policy Research Paper, World Bank.

Dick, 2010, Personal bankruptcy and credit market competition, J. Finance, 65, 655, 10.1111/j.1540-6261.2009.01547.x

Frank, 2009, Capital structure decisions: which factors are reliably important?, Finan. Manage., 38, 1, 10.1111/j.1755-053X.2009.01026.x

Gan, 2004, Banking market structure and financial stability: evidence from the texas real estate crisis in the 1980s, J. Finan. Econ., 73, 567, 10.1016/j.jfineco.2003.07.004

Gropp, 2010, The determinants of bank capital structure, Rev. Finan., 14, 587, 10.1093/rof/rfp030

Group of Ten, 2001. Report on consolidation in the financial sector.

Hakenes, 2011, Capital regulation, bank competition, and financial stability, Econ. Letters, 113, 256, 10.1016/j.econlet.2011.07.008

Hauswald, 2006, Competition and strategic information acquisition in credit markets, Rev. Finan. Stud., 19, 967, 10.1093/rfs/hhj021

Hellmann, 2000, Liberalization, moral hazard in banking, and prudential regulation: are capital requirements enough?, Amer. Econ. Rev., 90, 147, 10.1257/aer.90.1.147

Houston, 2010, Creditor rights, information sharing, and bank risk taking, J. Finan. Econ., 96, 485, 10.1016/j.jfineco.2010.02.008

International Monetary Fund, 2001. Financial sector consolidation in emerging markets. Chapter V: International Capital Market report, Washington, DC.

Jayaratne, 1998, Entry restrictions, industry evolution, and dynamic efficiency: evidence from commercial banking, J. Law Econ., 41, 239, 10.1086/467390

Jimenez, G., Lopez, J.A., Saurina, J., 2010. How does competition impact bank risk-taking? Banco de Espana, Working Paper No. 1005.

Kallberg, 2003, The value of private sector business credit information sharing: the US case, J. Banking Finance, 27, 449, 10.1016/S0378-4266(02)00387-4

Keeley, 1990, Deposit insurance, risk, and market power in banking, Amer. Econ. Rev., 80, 1183

Laeven, 2009, Bank governance, regulation and risk taking, J. Finan. Econ., 93, 259, 10.1016/j.jfineco.2008.09.003

Laeven, L., Valencia, F., 2010. Resolution of banking crises: the good, the bad, and the ugly. International Monetary Fund, Working Paper No. 10/146.

Llewellyn, D.T., 1999. Introduction: the institutional structure of regulatory agencies. In: Courtis, N. (Ed.), How Countries Supervise their Banks, Insurers and Securities Markets.

Marcus, 1984, Deregulation and bank financial policy, J. Banking Finance, 8, 557, 10.1016/S0378-4266(84)80046-1

Martinez-Miera, 2010, Does competition reduce the risk of bank failure?, Rev. Finan. Stud., 23, 3638, 10.1093/rfs/hhq057

Matutes, 1996, Competition for deposits, fragility, and insurance, J. Finan. Intermediation, 5, 184, 10.1006/jfin.1996.0010

Matutes, 2000, Imperfect competition, risk taking, and regulation in banking, Europ. Econ. Rev., 44, 1, 10.1016/S0014-2921(98)00057-9

Padilla, 2000, Sharing default information as a borrower discipline device, Europ. Econ. Rev., 44, 1951, 10.1016/S0014-2921(00)00055-6

Pagano, 1993, Information sharing in credit markets, J. Finance, 48, 1693, 10.2307/2329064

Panzar, 1987, Testing for monopoly equilibrium, J. Ind. Econ., 35, 443, 10.2307/2098582

Repullo, 2004, Capital requirements, market power, and risk-taking in banking, J. Finan. Intermediation, 13, 156, 10.1016/j.jfi.2003.08.005

Rice, 2010, Does credit competition affect small-firm finance?, J. Finance, 65, 861, 10.1111/j.1540-6261.2010.01555.x

Roy, 1952, Safety first and the holding of assets, Econometrica, 20, 431, 10.2307/1907413

Salas, 2003, Deregulation, market power and risk behaviour in spanish banks, Europ. Econ. Rev., 47, 1061, 10.1016/S0014-2921(02)00230-1

Schaeck, K., Cihak, M., 2010. Competition, efficiency, and soundness in banking: an industrial organization perspective. European Banking Center, Discussion Paper No. 2010-20S, <http://ssrn.com/paper=1635245>.

Schaeck, K., Cihak, M., forthcoming. Banking competition and capital ratios. Europ. Finan. Manage.

Schaeck, 2009, Are competitive banking systems more stable?, J. Money, Credit, Banking, 41, 711, 10.1111/j.1538-4616.2009.00228.x

Turk Ariss, 2010, On the implications of market power in banking: evidence from developing countries, J. Banking Finance, 34, 765, 10.1016/j.jbankfin.2009.09.004

Vercammen, 1995, Credit bureau policy and sustainable reputation effects in credit markets, Economica, 62, 461, 10.2307/2554671

Vives, 2001, Competition in the changing world of banking, Oxford Rev. Econ. Pol., 17, 535, 10.1093/oxrep/17.4.535

Wagner, 2010, Loan market competition and bank risk-taking, J. Finan. Services Res., 37, 71, 10.1007/s10693-009-0073-8

Winton, 1997, Competition among financial intermediaries when diversification matters, J. Finan. Intermediation, 6, 307, 10.1006/jfin.1997.0226