01614cas a2200253 a 4500 AALejournalIMF009555 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451867800 1018-5941 BD-DhAAL BD-DhAAL Cihak, Martin. Banking Competition and Capital Ratios / Martin Cihak, Klaus Schaeck. Washington, D.C. : International Monetary Fund, 2007. 1 online resource (40 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 We use data for more than 2,600 European banks to test whether increased competition causes banks to hold higher capital ratios. Employing panel data techniques, and distinguishing between the competitive conduct of small and large banks, we show that banks tend to hold higher capital ratios when operating in a more competitive environment. This result holds when controlling for the degree of concentration in banking systems, inter-industry competition, characteristics of the wider financial system, and the regulatory and institutional environment. Mode of access: Internet Schaeck, Klaus. IMF Working Papers; Working Paper ; No. 2007/216 Full text available on IMF http://elibrary.imf.org/view/journals/001/2007/216/001.2007.issue-216-en.xml IMF e-Library