Recent Developments in European Bank Competition

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..
Publication date: June 2011
ISBN: 9781455268481
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Topics covered in this book

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Economics- Macroeconomics , Economics / General , International - Economics , competition , banking , bank competition , banking system , monopoly , banking sector , monopolistic competition , perfect competition , competitive market , banking industry , bank activities , bank regulation , bank entry , competitive equilibrium , banking systems , banking sectors

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