A distinguished economist examines competition, regulation, and stability in today's global banks Does too much competition in banking hurt society? What polici

This report examines the interplay between banking competition and financial stability, taking into account the experiences in the recent global crisis and the

For academics, regulators and policymaker alike, it is crucial to measure financial sector competition by means of reliable, well-established methods. However,

Using a firm-level survey database covering 48 countries, Beck, Demirgüç-Kunt, and Maksimovic investigate whether differences in financial and legal developme

Like mass incarceration and slavery, financial exclusion, discrimination, and predation serve the interests of the few at the expense of their direct victims an