Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
998388 | Journal of Financial Stability | 2009 | 19 Pages |
Abstract
If combining insurance and banking services generates scope economies in terms of monitoring the customers, competition in the financial markets becomes more intense after financial conglomeration. The pro-competitive effect reduces the prices of the financial services, increases monitoring and improves financial stability. Increased monitoring allows financial regulators apply lower capital requirements for financial conglomerates.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics, Econometrics and Finance (General)
Authors
Ville Mälkönen,