Competition and stability in modern banking: A post-crisis perspective
Xavier Vives
International Journal of Industrial Organization, 2019, vol. 64, issue C, 55-69
Abstract:
Competition has been suppressed for extended periods in banking and when it has been unleashed, financial stability has suffered. This paper elucidates the relationship between competition and stability in modern banking, with particular attention to the impact of digital technologies, and derives the policy consequences for regulation and competition policy.
Keywords: Shadow banking; Fintech; Digital technology; Crisis; Run; Regulation (search for similar items in EconPapers)
JEL-codes: G21 G28 (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (34)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:indorg:v:64:y:2019:i:c:p:55-69
DOI: 10.1016/j.ijindorg.2018.08.011
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