Bank competition and financial stability

Journal of Financial Services Research

Volumn 35, Issue 2, 2009, Pages 99-118

  Berger, Allen N ^a,b,c   Klapper, Leora F ^d   Turk Ariss, Rima ^e  

^a UNIVERSITY OF SOUTH CAROLINA   (United States)

^b UNIVERSITY OF PENNSYLVANIA   (United States)

^c TILBURG UNIVERSITY   (Netherlands)

^d WORLD BANK   (United States)

^e LEBANESE AMERICAN UNIVERSITY   (Lebanon)

Author keywords

Bank competition; Banking system fragility; Financial stability; Regulation

Indexed keywords

EID: 59649125495     PISSN: 09208550     EISSN: None     Source Type: Journal    
DOI: 10.1007/s10693-008-0050-7     Document Type: Article

References (32)

1. C Alegria K Schaeck 2008 On measuring concentration in banking systems Finance Res Lett 5 59 67
2. BankScope (2007) Bureau Van Dijk
3. Barth J, Caprio G, Levine R (2007) Bank regulation and supervision (updated dataset), WB working paper series no. 2588
4. T Beck A Demirguc-Kunt R Levine 2006 Bank concentration, competition, and crises: first results J Bank Finance 30 1581 1603
5. SA Berg M Kim 1994 Oligopolistic interdependence and the structure of production in banking: an empirical evaluation J Money Credit Bank 26 309 322
6. AN Berger 1995 The relationship between capital and earnings in banking J Money Credit Bank 27 432 456
7. AN Berger A Demirguc-Kunt R Levine J Haubrich 2004 Bank concentration and competition: An evolution in the making J Money Credit Bank 36 433 451
8. AN Berger R DeYoung MJ Flannery D Lee O Oztekin 2008 How do large banking organizations manage their capital ratios? J Financ Serv Res 34 123 149
9. J Boyd G De Nicolo 2005 The theory of bank risk taking revisited J Finance 60 1329 1343
10. Boyd J, De Nicolo G, Jalal AM (2006) Bank risk taking and competition revisited: New theory and evidence, IMF Working paper, WP/06/297
11. Carletti E, Hartmann P (2003) Competition and financial stability: what's special about banking? In: Mizen P (ed) Monetary history, exchange rates and financial markets: essays in honour of Charles Goodhart, vol. 2. Edward Elgar, Cheltenham, UK
12. S Claessens L Laeven 2004 What drives bank competition? Some international evidence J Money Credit Bank 36 563 583
13. R Demsetz MR Saidenberg PE Strahan 1996 Banks with something to lose: the disciplinary role of franchise value Fed Reserve Bank N Y Econ Policy Rev 2 2 1 14
14. JF De Guevara J Maudos F Pérez 2005 Market power in European banking sectors J Financ Serv Res 27 109 137
15. De Nicolo G, Loukoianova E (2006) Bank ownership, market structure, and risk, Unpublished Working Paper, International Monetary Fund, Washington, D.C.
16. S Djankov C McLiesh A Shleifer 2007 Private credit in 129 countries J Financ Econ 84 299 329
17. Frame WS, White LJ (2007) Charter value, risk-taking incentives, and emerging competition for Fannie Mae and Freddie Mac. J Money Credit Bank 39:83-103 (February)
18. Hall AR (2005) Generalized method of moments. Oxford University Press, Oxford
19. L Hansen 1982 Large sample properties of generalized method of moments estimators Econometrica 50 1029 1054
20. TF Hellmann K Murdock J Stiglitz 2000 Liberalization, moral hazard in banking and prudential regulation: are capital requirements enough? Am Econ Rev 90 147 165
21. H Huizinga L Laeven 2008 International profit shifting within European multinationals: a multi-country perspective J Public Econ 92 5-6 1164 1182
22. Jimenez G, Lopez J, Saurina J (2007) How does competition impact bank risk taking? Working paper, Banco de Espana
23. M Keeley 1990 Deposit insurance, risk and market power in banking Am Econ Rev 80 1183 1200
24. E Koskela R Stenbacka 2000 Is there a tradeoff between bank competition and financial fragility? J Bank Finance 24 12 1853 1873
25. AJ Marcus 1984 Deregulation and bank financial policy J Bank Finance 8 557 565
26. Martinez-Miera D, Repullo R (2008) Does competition reduce the risk of bank failure? Unpublished manuscript, CEMFI
27. Molyneux P, Nguyen-Linh H (2008) Competition and risk in the South East Asian banking, Bangor Business School working paper, Bangor, Wales
28. Schaeck K, Cihak M (2007) Banking competition and capital ratios. IMF Working Paper No. 07/216
29. Schaeck K, Cihak M, Wolfe S (2006) Are more competitive banking systems more stable? Unpublished Working Paper No. 143, International Monetary Fund, Washington, D.C.
30. S Shaffer 2004 Comments on what drives bank competition: some international evidence, by Stijn Claessens and Luc Laeven J Money Credit Bank 36 585 592
31. JE Stiglitz A Weiss 1981 Credit rationing in markets with imperfect information Am Econ Rev 71 393 410
32. World Bank (2006) Doing business. The World Bank, Washington, D.C.