In this paper, we aim to assess the competitive conditions in the Italian banking industry in
the years 1997–1999, both nationwide and in the standard four macro-regions within the …

We examine the determinants of entry into Italian local banking markets during the period
1991–2002 and build a simple model in which the probability of branching in a new market …

The evolution of the banking industry has always been characterized by recurrent waves of
technological, regulatory and organizational changes. The frequency and impact of such …

This paper studies banks' competitive behavior on the deposit side of the Italian retail
banking industry. We use a structural model to estimate demand for deposit services and …

This paper explores the causality between concentration in the banking industry and
economic growth. Two empirical tests are performed for Italy over the period 1991–2001: the …

This paper analyses the relation between competition and concentration in the banking
sector. The empirical answer is given by testing a monopolistic competition model of bank …

We propose a new test to evaluate the impact of horizontal mergers on competition in the
banking industry. The test is designed to be applied ex ante to potential mergers while being …

In this paper, we investigate whether the banks' involvement in acquisitions is correlated
with the distribution of decision‐making powers across hierarchical levels and loan officers' …

Micro-finance institutions (MFIs) aim to reduce poverty by providing small loans to poor
people. Governments and international agencies such as the World Bank are spending …

This work tests the predictions of Sutton's model of independent submarkets for the Italian
retail banking industry. In the first part of this paper, I develop a model of endogenous …