Article ID Journal Published Year Pages File Type
7351931 Explorations in Economic History 2018 18 Pages PDF
Abstract
This paper uses a unique data set - comprising 125 years of individual bank balance sheets - to investigate the effect of regulatory changes on the evolution of bank competition in Italy. The historical depth of this data set makes it possible to assess the impact of infrequent regulatory reforms that drastically changed the banking sector in the 1930s and in the 1980s. We compare several indicators to analyze how bank competition evolves, and we find that its evolution exhibits a yo-yo pattern induced by the changes in regulatory regimes.
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Social Sciences and Humanities Arts and Humanities History
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