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Competition policy in banking

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  • Xavier Vives

Abstract

This paper summarizes some of the arguments relating competition and banking instability, draws connections between regulation and competition policy, and surveys and analyses the role of competition policy in the banking sector in a financial crisis. It is argued that a trade-off between competition and stability is bound to persist despite improvements in regulation, that the banking sector specificity should be recognized by competition policy, and that competition policy and regulation need close coordination. Copyright 2011, Oxford University Press.

Suggested Citation

  • Xavier Vives, 2011. "Competition policy in banking," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 27(3), pages 479-497.
    • Handle: RePEc:oup:oxford:v:27:y:2011:i:3:p:479-497
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    References listed on IDEAS

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