When They Go Low, We Go High? : Measuring Bank Market Power in a Low-for-Long Environment.
We examine trends in bank competition since the early 2000s. The Lerner index-arguably the most commonly used measure-shows evidence of a marked increase in market power in advanced economies, especially after the global financial crisis. But other frequently used indicators of banking sector compet...
| Format: | Journal |
|---|---|
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2021.
|
| Series: | IMF Working Papers; Working Paper ;
No. 2021/149 |
| Subjects: | |
| Online Access: | Full text available on IMF |