The Gains from European banking integration, a call for a pro-active competition policy
Author: Dermine, Jean INSEAD Area: Finance Series: Working Paper ; 90/34/FIN/EPS Publisher: Fontainebleau : INSEAD, 1990.Language: EnglishDescription: 27 p.Type of document: INSEAD Working Paper Online Access: Click here Abstract: Various studies have documented significant differences in the prices of financial services delivered in the EC. This has led to the conclusion that cross-border trade in services will force a convergence to the lowest price. However, market imperfections which are at the origin of banking services could prevent a perfectly competitive outcome. The object of the paper is to analyse the degree of contestability of banking markets. It ends with a call for a pro-active competition policy| Item type | Current location | Collection | Call number | Status | Date due | Barcode | Item holds |
|---|---|---|---|---|---|---|---|
|
Digital Library | Available |
Various studies have documented significant differences in the prices of financial services delivered in the EC. This has led to the conclusion that cross-border trade in services will force a convergence to the lowest price. However, market imperfections which are at the origin of banking services could prevent a perfectly competitive outcome. The object of the paper is to analyse the degree of contestability of banking markets. It ends with a call for a pro-active competition policy
Digitized
There are no comments for this item.