Joint market power in banking
We propose an oligopsony-oligopoly model to study bank behavior under uncertainty in developing countries and derive a pricing structure that acknowledges joint market power in both the deposit and loan markets. The model identifies two main components to pricing: rent extraction and input costs. We...
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| Format: | article |
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2014
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| Online Access: | http://hdl.handle.net/10725/3868 http://dx.doi.org/10.1016/j.intfin.2014.03.013 http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php http://www.sciencedirect.com/science/article/pii/S1042443114000390 |
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