Arbeitspapier
Bank Competition - When is it Good?
The effects of bank competition and institutions on credit markets are usually studied separately although both factors are interdependent. We study the effect of bank competition on the choice of contracts (screening versus collateralized credit contract) and explicitly capture the impact of the institutional environment. Most importantly, we show that the effects of bank competition on collateralization, access to finance, and social welfare depend on the institutional environment. We predict that firms' access to credit increases in bank competition if institutions are weak but bank competition does not matter if they are well-developed.
- Sprache
-
Englisch
- Erschienen in
-
Series: SFB/TR 15 Discussion Paper ; No. 244
- Klassifikation
-
Wirtschaft
Asymmetric and Private Information; Mechanism Design
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
Law and Economics: General
- Thema
-
Bank competition
collateralization
screening
incentives
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Hainz, Christa
- Ereignis
-
Veröffentlichung
- (wer)
-
Sonderforschungsbereich/Transregio 15 - Governance and the Efficiency of Economic Systems (GESY)
- (wo)
-
München
- (wann)
-
2008
- DOI
-
doi:10.5282/ubm/epub.13308
- Handle
- URN
-
urn:nbn:de:bvb:19-epub-13308-0
- Letzte Aktualisierung
- 10.03.2025, 10:41 UTC
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Hainz, Christa
- Sonderforschungsbereich/Transregio 15 - Governance and the Efficiency of Economic Systems (GESY)
Entstanden
- 2008
Ähnliche Objekte (12)
Good RE artifacts? I know it when I use it!
Price Competition and Product Differentiation when Goods have Network Effects
FinTechs, BigTechs and banks: When cooperation and when competition?
![[When with good Wine]](https://iiif.deutsche-digitale-bibliothek.de/image/2/1e4413a5-0d1c-4120-b54f-8bd50cf49658/full/!306,450/0/default.jpg)
[When with good Wine]
When She Was Good
Salience, Competition, and Decoy Goods
Quality competition versus price competition goods: An empirical classification
When ‘Enough and as Good’ is Not Good Enough
Tax Competition and International Public Goods
Competition in Markets for Credence Goods
Protestant competition is good for saints
Competition When Consumers Value Firm Scope
Good RE artifacts? I know it when I use it!
Price Competition and Product Differentiation when Goods have Network Effects
FinTechs, BigTechs and banks: When cooperation and when competition?
[When with good Wine]
When She Was Good
Salience, Competition, and Decoy Goods
Quality competition versus price competition goods: An empirical classification
When ‘Enough and as Good’ is Not Good Enough
Tax Competition and International Public Goods
Competition in Markets for Credence Goods
Protestant competition is good for saints
Competition When Consumers Value Firm Scope
Good RE artifacts? I know it when I use it!
Price Competition and Product Differentiation when Goods have Network Effects
FinTechs, BigTechs and banks: When cooperation and when competition?
[When with good Wine]
When She Was Good
Salience, Competition, and Decoy Goods
Quality competition versus price competition goods: An empirical classification
When ‘Enough and as Good’ is Not Good Enough
Tax Competition and International Public Goods
Competition in Markets for Credence Goods
Protestant competition is good for saints