This paper surveys 130 studies that apply frontier efficiency analysis to financial institutions
in 21 countries. The primary goals are to summarize and critically review empirical estimates …

We combine recent findings from the empirical banking literature with established insights
from studies of banking competition and regulation. Motivated by modern theory of financial …

Abstract Analysis of the tradeoff between competition and financial stability has been at the
center of academic and policy debate for over two decades and especially since the 2007 …

There is a current debate in the banking literature regarding the effect of competition on the
stability of banks. Under the traditional “competition-fragility” view, more bank competition …

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 …

This book provides a compendium to the empirical work investigating the hypotheses
generated by recent banking theory. Such a compendium is overdue. Since the publication …

Some studies find that market power is associated with credit availability (information
hypothesis); others find that less competitive banking markets lead to more credit rationing …

This paper examines the cost, technical and allocative efficiency of 43 Chinese banks over
the period 1993 to 2000. The goal of this analysis is to identify the change in Chinese banks' …

The paper analyzes the evolution of competitive conditions in the Italian banking industry
using firm-level balance sheet data for the period 1984-1997. Regulatory reform, large-scale …

This paper examines a simple version of the conduct parameter method widely used in
empirical industrial organization and argues that the conduct parameter fails to measure …