Hidden Bibliographic Details
Other authors / contributors: | International Monetary Fund. European Department, issuing body.
|
ISBN: | 1283566842 9781283566841 9781462330430 1462330436
|
Notes: | Includes bibliographical references.
|
Summary: | 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.
|
Other form: | Print version: Sun, Yu. Recent Developments in European Bank Competition. Washington : International Monetary Fund, ©2011 9781455268481
|