Economics

Competition and Stability in Modern Banking: A Post-Crisis Perspective

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Competition has been suppressed for extended periods in banking and when it has been unleashed, financial stability has suffered. This paper elucidates the relationship between competition and stability in modern banking, with particular attention to the impact of digital technologies, and derives the policy consequences for regulation and competition policy.
Bibliographic citation: Vives, Xavier, "Competition and Stability in Modern Banking: A Post-Crisis Perspective", International Journal of Industrial Organization, Vol. 64, 2019, pp 55 - 69

Reference: 10.1016/j.ijindorg.2018.08.011 (DOI)
Date: 05/2019
Author(s): Vives, Xavier
Document type: Article in Journal (refereed)
Languages: English