haku: @author Smith, R. T. / yhteensä: 7
viite: 5 / 7
| Tekijä: | Smith, R. T. |
| Otsikko: | Banking competition and macroeconomic performance. |
| Lehti: | Journal of Money, Credit and Banking
1998 : NOV, VOL. 30:4, p. 793-815 |
| Asiasana: | Banking Macroeconomic models Performance measurement |
| Kieli: | eng |
| Tiivistelmä: | The author uses an equilibrium model to study the costs in terms of macroeconomic performance of imperfect competition in banking. Measuring the consequences of increased bank competition with standard gauges of macroeconomic performance provides a clear conclusion: Increased bank competition raises the level of income and reduces the severity of business cycles. |
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