Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5059812 | Economics Letters | 2013 | 4 Pages |
Abstract
We consider a model of financial intermediation with a monopolistic competition market structure. A non-monotonic relationship between risk measured as a probability of default and the degree of competition is established.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Vladislav Damjanovic,