Quantification of the Effect of Regulation on Firms’ Demand for Credits and Banks’ Market Power

Project Start:01/2016
Status:Completed
Researchers:Rainer Haselmann, Vikrant Vig, Shiwei Yu, Christine Zulehner
Category: Financial Intermediation
Funded by:LOEWE

There are at least two important aspects of our research question that require an extension of project 1 towards a structural model: a) provide welfare claims, and b) estimates of forward looking analysis. We are interested to model firms’ demand for credit and based on the estimated coefficients we are interested to run counterfactuals that consider the banks’ regulatory environment. The aim is to assess the change in regulation and its effects on market structure in the banking sector and on firms’ credit demand.

Related Published Papers

Author/sTitleYearProgram AreaKeywords
Helmut Elsinger, Philipp Schmidt-Dengler, Christine ZulehnerCompetition in Treasury Auctions
American Economic Journal: Microeconomics
2019 Financial Intermediation treasury auctions, multi-unit auctions, independent private values, competition, bidder surplus, auction format

Related Working Papers

No.Author/sTitleYearProgram AreaKeywords
127Helmut Elsinger, Philipp Schmidt-Dengler, Christine ZulehnerCompetition in Treasury Auctions2016 Financial Intermediation treasury auctions, multi-unit auctions, independent private values, competition, bidder surplus, auction format
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