How to measure the market power of banks in the lending business accurately: a segment-based adjustment of the Lerner Index

Numerous empirical studies use the price-cost-margin-based Lerner Index (LI) to assess the general market power of banks. A common procedure within those LI applications is to approximate the market price required for the LI measurement as the ratio of a bank's total revenues to total assets. W...

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Veröffentlicht in:	Applied economics 2015-09, Vol.47 (42), p.4475-4483
Hauptverfasser:	Gischer, Horst, Müller, Holger, Richter, Toni
Format:	Artikel
Sprache:	eng
Schlagworte:	Assets Bank loans banking competition Banks Business European Monetary Union Indexes lending business Lerner Index Market power Market prices Market structure Power Prices Studies
Online-Zugang:	Volltext
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