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European Banking Landscape Between Diversity, Competition and Concentration.: Vierteljahrshefte Zur Wirtschaftsforschung. Heft 4, 87. Jahrgang (2018).
Paperback
Series: Vierteljahrshefte Zur Wirtschaftsforschung
AccountingEconomicsInvesting & Finance
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ISBN13: 9783428158522
Publisher: Duncker & Humblot
Published: Oct 9 2019
Pages: 191
Weight: 8.17
Language: German
are a largely neglected issue in economics. Only in finance, institutional variety
has been at times acknowledged, though not in its >institution-free version. Still, extant research has primarily focused on the juxtaposition of bank-
vs. market-based financial systems. Given the strong interconnectedness between banks
and markets, this is for sure a too binary perspective. Differential responses to the
Great Financial Crisis have highlighted the pertinence of institutional diversity for
the performance as well as resilience of (national) financial systems. Nonetheless,
financial diversity is still poorly researched and underestimated. In order to
motivate more research on the role of banking sector and financial intermediary
diversity for the performance of economies and societies, we review recent research
in this area and present empirical findings.
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