KOPS - The Institutional Repository of the University of Konstanz

Financial market integration and loan competition : when is entry deregulation socially beneficial?

Financial market integration and loan competition : when is entry deregulation socially beneficial?

Cite This

Files in this item

Checksum: MD5:d76f011b6db947a518c72815d31e235e

KAAS, Leo, 2004. Financial market integration and loan competition : when is entry deregulation socially beneficial?

@techreport{Kaas2004Finan-28498, series={European Central Bank Working Paper Series;403 / November 2004}, title={Financial market integration and loan competition : when is entry deregulation socially beneficial?}, year={2004}, author={Kaas, Leo}, note={Link zur Originalveröffentlichung:
http://www.ecb.europa.eu/pub/pdf/scpwps/ecbwp403.pdf} }

<rdf:RDF xmlns:dcterms="http://purl.org/dc/terms/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:bibo="http://purl.org/ontology/bibo/" xmlns:dspace="http://digital-repositories.org/ontologies/dspace/0.1.0#" xmlns:foaf="http://xmlns.com/foaf/0.1/" xmlns:void="http://rdfs.org/ns/void#" xmlns:xsd="http://www.w3.org/2001/XMLSchema#" > <rdf:Description rdf:about="https://kops.uni-konstanz.de/rdf/resource/123456789/28498"> <dcterms:isPartOf rdf:resource="https://kops.uni-konstanz.de/rdf/resource/123456789/46"/> <dcterms:title>Financial market integration and loan competition : when is entry deregulation socially beneficial?</dcterms:title> <dc:rights>terms-of-use</dc:rights> <dcterms:hasPart rdf:resource="https://kops.uni-konstanz.de/bitstream/123456789/28498/2/Kaas_284982.pdf"/> <void:sparqlEndpoint rdf:resource="http://localhost/fuseki/dspace/sparql"/> <dc:language>eng</dc:language> <dcterms:available rdf:datatype="http://www.w3.org/2001/XMLSchema#dateTime">2014-07-23T12:07:13Z</dcterms:available> <bibo:uri rdf:resource="http://kops.uni-konstanz.de/handle/123456789/28498"/> <dcterms:issued>2004</dcterms:issued> <dspace:isPartOfCollection rdf:resource="https://kops.uni-konstanz.de/rdf/resource/123456789/46"/> <dcterms:rights rdf:resource="https://rightsstatements.org/page/InC/1.0/"/> <dspace:hasBitstream rdf:resource="https://kops.uni-konstanz.de/bitstream/123456789/28498/2/Kaas_284982.pdf"/> <foaf:homepage rdf:resource="http://localhost:8080/jspui"/> <dc:creator>Kaas, Leo</dc:creator> <dc:contributor>Kaas, Leo</dc:contributor> <dcterms:abstract xml:lang="eng">The paper analyzes how the removal of barriers to entry in banking affect loan competition, bank stability and economic welfare. We consider a model of spatial loan competition where a market that is served by less efficient banks is opened to entry by banks that are more efficient in screening borrowers. It is shown that there is typically too little entry and that market shares of entrant banks are too small relative to their socially optimal level. This is because efficient banks internalize only the private but not the public benefits of their better credit assessments. Only when bank failure is very likely or very costly, socially harmful entry can occur.</dcterms:abstract> <dc:date rdf:datatype="http://www.w3.org/2001/XMLSchema#dateTime">2014-07-23T12:07:13Z</dc:date> </rdf:Description> </rdf:RDF>

Downloads since Oct 1, 2014 (Information about access statistics)

Kaas_284982.pdf 1236

This item appears in the following Collection(s)

Search KOPS


Browse

My Account