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Author/Editor:
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Sun, Yu
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Publication Date:
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June 01, 2011
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Electronic Access:
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Free Full text
(PDF file size is 1,040KB).
Use the free
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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.
The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate
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Summary:
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..
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Order a print copy
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Series:
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Working Paper No. 11/146
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Subject(s):
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Banks | Competition | Cross country analysis | Economic models | Euro Area | European Economic and Monetary Union | United Kingdom
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Author's Keyword(s):
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bank competition | EMU | financial crisis | euro area |
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English
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Publication Date:
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June 01, 2011
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Format:
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Paper
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Stock No:
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WPIEA2011146
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Pages:
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25
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Price:
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US$18.00 )
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Please address any questions about this title to
publications@imf.org
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