Publication Type
Working Paper
Version
publishedVersion
Publication Date
6-2011
Abstract
This paper investigates the degree of bank competition in the euro area, the U.S. and U.K. before and after the recent financial crisis, and revisits the issue whether the introduction of EMU and the euro have had any impact on bank competition. The results suggest that the level of bank competition converged across euro area countries in the wake of the EMU. The recent global financial crisis led to a fall in competition in several countries and especially where large credit and housing booms had preceded the crisis...
Keywords
Bank competition, EMU, financial crisis, euro area
Discipline
Banking and Finance Law | Finance
Research Areas
Economic Theory
First Page
1
Last Page
25
Publisher
International Monetary Fund
Citation
SUN, Juliana Yu.
Recent developments in European bank competition. (2011). 1-25.
Available at: https://ink.library.smu.edu.sg/soe_research/2031
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
http://www.imf.org/external/pubs/ft/wp/2011/wp11146.pdf
Comments
Internation Monetary Fund Working Paper No. 11/146, 2011