The author reviews the theoretical and empirical literature to examine the traditional
perception that the following trade-off exists between economic efficiency and stability in the …

This paper reviews the role of competition in banking against the background of a
transforming sector. It uses industrial organization and modern financial intermediation …

Motivated by public policy debates about bank consolidation and conflicting theoretical
predictions about the relationship between bank concentration, bank competition and …

A recent line of research views the low interest-rate environment of the early to mid 2000s as
an element that triggered increased risk-taking appetite of banks in search for yield. This …

This study investigates whether regulations have an independent effect on bank risk-taking
or whether their effect is channeled through the market power possessed by banks. Given a …

This paper investigates how different degrees of market power affect bank efficiency and
stability in the context of developing economies. It sheds light on the competition-stability …

Using the Panzar and Rosse H‐statistic as a measure of competition in 45 countries, we find
that more competitive banking systems are less prone to experience a systemic crisis and …

In the 1990s, Latin American banking sectors experienced an accelerated process of
concentration and foreign penetration that prompted diverse views regarding its implications …

Using data for more than 200 banks from 21 OECD countries for the period 2002–2008, we
examine the impact of bank regulation and supervision on banking risk using quantile …

This paper uses stochastic frontier analysis to provide international evidence on the impact
of the regulatory and supervision framework on bank efficiency. Our dataset consists of 2853 …