Competition in the Financial Sector : Overview of Competition Policies /

As in other sectors, competition in finance matters for allocative, productive and dynamic efficiency. Theory suggests, however, that unfettered competition is not first best given the special features of finance. I review these analytics and describe how to assess the degree of competition in marke...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Claessens, Stijn
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2009.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2009/045
Online Zugang:Full text available on IMF