Bank Market Power and Firm Finance: Evidence from Bank and Loan Level Data
We present new measures of market power for the banking industry in Colombia and estimate their effect on the cost of credit for non-financial firms. Our results suggest that bank competition increased during the 2006-2008 period even as concentration increased but decreased thereafter. Using a uniq...
- Autores:
-
Gomez-Gonzalez, Jose E.
Tamayo, Cesar E.
Valencia, Oscar M.
- Tipo de recurso:
- Fecha de publicación:
- 2019
- Institución:
- Universidad EAFIT
- Repositorio:
- Repositorio EAFIT
- Idioma:
- eng
- OAI Identifier:
- oai:repository.eafit.edu.co:10784/13833
- Acceso en línea:
- http://hdl.handle.net/10784/13833
- Palabra clave:
- Bank competition
market power
Boone
Lerner
Colombia
cost of firm finance
loan-level data.
- Rights
- License
- Acceso abierto