Bank Competition and Financial Stability

Under the traditional "competition-fragility" view, more bank competition erodes market power, decreases profit margins, and results in reduced franchise value that encourages bank risk taking. Under the alternative "competition-stability" view, more market power in the loan mark...

Full description

Bibliographic Details
Main Authors: Berger, Allen N., Klapper, Leora F., Turk-Ariss, Rima
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/5409