Bank Concentration and Central Banks

Carlos M. Peláez and Carlos A. Peláez

Chapter 3 in Financial Regulation after the Global Recession, 2009, pp 63-90 from Palgrave Macmillan

Abstract: Abstract There are two general themes in this chapter. First, a group of sections focuses on the issue of monopoly in banking markets. The relaxation of entry in local markets reduced significantly the measurement and need for regulation of market power. Second, financial stabilization to prevent and resolve banking and financial crises is managed by central banks. The paradigm of modern central banking is the BOE.

Keywords: Interest Rate; Monetary Policy; Euro Area; European Central Bank; Credit Union (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-25124-3_4

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DOI: 10.1057/9780230251243_4

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