|
|
|
|
|
|
|
|
1. |
Record Nr. |
UNINA9910464232503321 |
|
|
Autore |
Claessens Stijn |
|
|
Titolo |
Competition in the financial sector [[electronic resource] ] : overview of competition policies / / Stijn Claessens |
|
|
|
|
|
|
|
Pubbl/distr/stampa |
|
|
[Washington, D.C.], : International Monetary Fund, 2009 |
|
|
|
|
|
|
|
ISBN |
|
1-4623-7797-1 |
1-4527-6521-9 |
1-282-84267-6 |
1-4518-7193-7 |
9786612842672 |
|
|
|
|
|
|
|
|
Descrizione fisica |
|
1 online resource (37 p.) |
|
|
|
|
|
|
Collana |
|
IMF working paper ; ; WP/09/45 |
|
|
|
|
|
|
Soggetti |
|
Competition |
Finance |
Electronic books. |
|
|
|
|
|
|
|
|
Lingua di pubblicazione |
|
|
|
|
|
|
Formato |
Materiale a stampa |
|
|
|
|
|
Livello bibliografico |
Monografia |
|
|
|
|
|
Note generali |
|
Description based upon print version of record. |
|
|
|
|
|
|
Nota di bibliografia |
|
Includes bibliographical references. |
|
|
|
|
|
|
Nota di contenuto |
|
Contents; I. Introduction; II. Nature and Status of Financial Sector Competition; A. Effects of Competition in the Financial Sector: Theory; Development and Efficiency, Static and Dynamic; Access to Financial Services; Stability; B. The Determinants of Competition and Assessing Competition: Theory and Empirics; Theory of the Determinants of Competition; Empirical Approaches to Measure Competition; The Pazar and Rosse Methodology; C. Empirical Approaches to Explain Competition; Other Empirical Regularities; Country and Regional Studies; Cross-country Studies; Internationalization |
D. Tools to Analyze E. Current Status; III. Implication for Competition Policy in the Financial Sector; A. Approaches; B. Institutional Arrangements; IV. Conclusion; References; Tables; 1. PR-Measures (H-statistics) of Competitiveness of Banking Systems Around the World |
|
|
|
|
|
|
|
|
Sommario/riassunto |
|
As in other sectors, competition in finance matters for allocative, productive and dynamic efficiency. Theory suggests, however, that unfettered competition is not first best given the special features of finance. I review these analytics and describe how to assess the degree |
|
|
|
|