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Deregulation and Competition in the Financial Industry

Abstract:

Deregulation has stimulated much economic and political interest. This paper develops a framework for understanding the effects of deregulation from an ecological perspective and reports empirical studies of financial institutions (banks, thrifts and mutual funds) at two levels of analysis: the system and the population. These both show that deregulation bad a dramatic impact on the level of competitive intensity within the financial industry. The main contributions of this paper are the appl...

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Publication date:
1998-01-01
UUID:
uuid:35fec135-3313-498f-a86a-84bc561031b8
Local pid:
oai:eureka.sbs.ox.ac.uk:1185
Deposit date:
2011-11-19

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