We study versions of a general equilibrium banking model with moral hazard under either constant or increasing returns to scale of the intermediation technology
This report examines the interplay between banking competition and financial stability, taking into account the experiences in the recent global crisis and the
A distinguished economist examines competition, regulation, and stability in today's global banks Does too much competition in banking hurt society? What polici
Banking market integration in the Asia Pacific has greatly accelerated in recent years, in an environment of many other rapid advances in banking and finance. T