Handbook of competition in banking and finance
Başlık:
Handbook of competition in banking and finance
Yazar:
Bikker, Jacob A., 1952-
ISBN:
9781785363306
Yayın Bilgisi:
Northampton, MA : Edward Elgar Pub., 2017.
Fiziksel Niteleme:
1 online resource (424 p.) ; cm.
Genel Not:
Includes index.
İçindekiler:
Contents: Part I. Measurement of financial-sector competition -- 1. Market power: competition among measures / Sherrill Shaffer and Laura Spierdijk -- 2. The Panzar-Rosse revenue test and market power in banking: an empirical illustration / Sherrill Shaffer and Laura Spierdijk -- 3. Adapting conjectural variations methods to banking competition / Bastiaan Overvest -- 4. Bank risk and competition: the other side of the story / Laura Spierdijk and Michalis Zaouras -- 5. Banking competition, concentration and critical mass / Jaap Bos, Yee Ling Chan, James W. Kolari and Jiang Yuan -- Part II. Empirical results on competition in banking and insurance -- 6. Global developments in banking competition / Martien Lamers and Victoria Purice -- 7. Competition in the European banking markets in the aftermath of the financial crisis / Juan Fernández de Guevara and Joaquín Maudos -- 8. Banking competition in China / Zuzana Fungáčová and Laurent Weill -- 9. Performance of the life insurance industry under pressure: efficiency, competition, and consolidation / Jacob A. Bikker -- Part III. Spill-overs of financial-sector competition -- 10. Bank competition and financial stability / Allen N. Berger, Leora F. Klapper and Rima Turk-Ariss -- 11. Measuring agency costs and the value of investment opportunities of U.S. bank holding companies with stochastic frontier estimation / Joseph P. Hughes, Loretta J. Mester and Choon-Geol Moon -- 12. Banking competition and economic growth / Paolo Coccorese -- 13. Shadow banking and competition: decomposing market power by activity / Daniele Titotto and Steven Ongena -- 14. Banking competition and interest rate pass-through / Stephanie Kleimeier and Harald Sander -- Part IV. Competition in banking submarkets and subsectors -- 15. SME business loans / Richard J. Rosen and Gregory F. Udell -- 16. Competition in the markets of deposits and business and consumer loans / Wilko Bolt and David Humphrey -- 17. Competition and contestability in bank retail markets / Reint Gropp and Christoffer Kok -- 18. Bank market power and loan growth / Manthos D. Delis, Iftekhar Hasan, Sotirios Kokas, Liuling Liu and Nikolaos Mylonidis -- Index.
Özet:
For academics, regulators and policymakers alike, it is crucial to measure financial sector competition by means of reliable, well-established methods. However, this is easier said than done. This comprehensive Handbook provides a collection of state-of-the-art chapters to address this issue. Using the latest empirical results from around the world, expert contributors offer a thorough assessment of the quality and reliability of the prevalent measures of competition in banking and finance. The Handbook 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. This Handbook is an essential resource for students and researchers interested in competition, regulation, banking and finance. Politicians, policymakers and regulators will also benefit from the thorough explanation of the need for anti-trust regulation and identification of the most reliable competition measures.
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Elektronik Erişim:
https://www.elgaronline.com/view/edcoll/9781785363290/9781785363290.xml