9780415870405 - A New Measure of Competition in the Financial Industry: The Performance-Conduct-Structure Indicator (Routledge International Studies in Money and Banking, 83, Band ... (2 Ergebnisse)

Zustand: New. The 2008 credit crisis started with the failure of one large bank: Lehman Brothers. Since then the focus of both politicians and regulators has been on stabilising the economy and preventing future financial instability. At this juncture, we are at the l.

Buch. Zustand: Neu. Neuware - Competition is of key importance for the welfare of consumers and producers, particularly in the financial industry where competition is hampered by the opaqueness typical of financial products. However, in practice, the measurement of competition in financial markets is still a puzzle for the economic literature and for business analysts.This book introduces and explains a relatively new approach, the PCS indicator, through its application to 46 countries.