Are more competitive banking systems more stable? / prepared by Klaus Schaeck, Martin Čihák, and Simon Wolfe.

This paper provides the first empirical analysis of the cross-country relationship between a direct measure of competitive conduct of financial institutions and banking system fragility. Using the Panzar and Rosse H-Statistic as a measure for competition in 38 countries during 1980-2003, we present...

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Bibliographic Details
Main Authors: Schaeck, Klaus (Author), Čihák, Martin (Author), Wolfe, Simon (Author)
Format: Electronic
Published: [Washington, D.C.] : International Monetary Fund, Research Dept., ©2006.
Series:IMF working paper ; WP/06/143.
Online Access:Click for online access