An aggregate structural model of competition in the European banking industry

International Journal of Industrial Organization

Volumn 17, Issue 7, 1999, Pages 1059-1074

  Neven, Damien ^a,b   Röller, Lars Hendrik ^c,d,e  

^a UNIVERSITY OF LAUSANNE   (Switzerland)

^b CEPR   (United Kingdom)

^c WZB BERLIN SOCIAL SCIENCE CENTER   (Germany)

^d HUMBOLDT UNIVERSITY   (Germany)

^e INSEAD   (France)

Author keywords

Aggregation; Banking; L1; L5; Oligopoly

Indexed keywords

EID: 0442328570     PISSN: 01677187     EISSN: None     Source Type: Journal    
DOI: 10.1016/s0167-7187(97)00068-4     Document Type: Article

References (26)

1. de Bandt, O., Jacquinot, P., 1992. The financing of corporate firms in France, Economic Modelling, July, 253-269.
2. Bergstrom C.T., Varian H.R. When are Nash equilibria independent of the distribution of agents' characteristics. The Review of Economic Studies. LII:1985;715-718.
3. Bresnahan, T.F., 1989. Empirical studies in industries with market power. In: Handbook of Industrial Organization, Vol. II, pp. 1011-1058.
4. Baltensberger, E., Dermine, J., 1992. European banking: prudential and regulatory issues. In Dermine, J. (Ed.), European Banking in the 90s, Basil Blackwell, Oxford.
5. Chiappori P.-A., Perez-Castrillo D., Verdier T. Spatial competition in the banking system: Localization, cross subsidies and the regulation of deposit rates. European Economic Review. 39(5):1995;889-918.
6. Dermine, J. (Ed.), 1990. European Banking in the 90s, Basil Blackwell, Oxford.
7. Dewatripont, M., Tirole, J., 1993. The Prudential Regulation of Banks, MIT Press, Cambridge, MA.
8. Diamond D. Monitoring and reputation: The choice between loans and directly placed debt. Journal of Political Economy. 99(4):1991;689-721.
9. Economie Europeenne, 1993. No. 54, Rapport Economique Annuel.
10. Financial Times Business Information, 1988. Banking in the EC.
11. Financial Times Business Information, 1991. Banking in the EC.
12. Freixas, X., Rochet, J.-C., 1994. Microeconomics of Banking, mimeo, Toulouse.
13. Gehrig, T., 1996. Excessive Risks and Banking Regulation, mimeo, University of Basel.
14. Gual J., Neven D. Deregulation in the European banking industry, 1980-1990. European Economy. 3:1993;151-183.
15. Leece D. Rationing, mortgage demand and the impact of financial deregulation. Oxford Bulletin of Economics and Statistics. 57:1995;43-66.
16. Molyneux P., Lloyd-Williams D.M., Thornton J. Competitive conditions in European banking. Journal of Banking and Finance. 18:1994;445-459.
17. OECD, Competition in Banking, 1989.
18. OECD, Financial markets trends, 1991.
19. Panzar J., Rosse J. Testing for 'monopoly' equilibrium. Journal of Industrial Economics. XXXV(4):1987;443-456.
20. Schaffer S. A test of competition in Canadian banking. Journal of Money, Credit and Banking. 25:1993;49-61.
21. Röller L.-H., Sinclaire-Désgagné B. On the heterogeneity of firms. European Economic Review. 40:1996;531-539.
22. Sleuwagen L., Dehanschutter W. The critical choice between the concentration ratio and the H-index in assessing industry performance. The Journal of Industrial Economics. 2:1986;193-208.
23. Smith A., Venables A. Completing the internal market in the European Community: Some industry simulations. European Economic Review. 32(7):1988;1501-1527.
24. Suominen M. Measuring competition in banking: A two product model. Scandinavian Journal of Economics. 90(1):1994;95-110.
25. Swank J. Oligopoly in loan and deposit markets: An econometric application to The Netherlands. De Economist. 143(3):1995;353-366.
26. Vives, X., 1991. Banking competition and European integration. In: Giovannini, A., Mayer, C. (Eds.), European Financial Integration, Cambridge University Press, Cambridge.