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Oligopolistic banking, compensation and financial stability

In: Money, Banking and the Foreign Exchange Market in Emerging Economies

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Abstract

Despite the financial liberalization agenda of the mid-1980s, a system of bank oligopolies has developed in both large and small, open developing economies. Mainstream monetary theory tends to assume a capital markets structure and is therefore not well suited to an analysis of these economies. This book outlines a unique theoretical framework that can be used to examine monetary and exchange rate policies in developing economies or other economies in which banks dominate external finance.

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  • ., 2014. "Oligopolistic banking, compensation and financial stability," Chapters, in: Money, Banking and the Foreign Exchange Market in Emerging Economies, chapter 3, pages 34-67, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:15473_3
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    File URL: https://www.elgaronline.com/view/9781782548379.00007.xml
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    Cited by:

    1. Karwowski, Mariusz, 2016. "The risk in using financial reports in the study of airline business models," Journal of Air Transport Management, Elsevier, vol. 55(C), pages 185-192.

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    Keywords

    Economics and Finance;

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