Series: IMF Working Papers
Author(s): Giovanni Dell'Ariccia
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 June 1998
Keywords: Loan Market, Barriers to Entry, Spatial Competition, competition, banking, banking industry, barrier to entry, mergers
The paper analyzes the effects of informational asymmetries on the market structure of the banking industry in a multi-period model of spatial competition. All lenders face uncertainty with regard to borrowers ...