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Recent Developments in European Bank Competition [electronic resource]

Author
Sun, Yu
Published
Washington : International Monetary Fund June 2011
Physical Description
39 p.
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Summary
Annotation 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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ISBN
9781455268481
1455268488 (Trade Paper)
View MARC record | catkey: 12549157