01534cas a2200241 a 4500 AALejournalIMF007258 230101c9999 xx r poo 0 0eng d 5.00 USD 9781455268481 1018-5941 BD-DhAAL BD-DhAAL Sun, Yu. Recent Developments in European Bank Competition / Yu Sun. Washington, D.C. : International Monetary Fund, 2011. 1 online resource (25 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2011/146 Full text available on IMF http://elibrary.imf.org/view/journals/001/2011/146/001.2011.issue-146-en.xml IMF e-Library