Title of article :
Risk premium and market power in credit markets
Author/Authors :
Alfredo Mart?n Oliver، نويسنده , , Vicente Salas Fum?s، نويسنده , , Jes?s Saurina، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2006
Abstract :
The use of credit risk-adjusted marginal opportunity cost of funds in the computation of the Lerner index for bank loans opens new directions to properly evaluate market power of banks in credit markets, beyond disputed concentration measures.
Keywords :
Credit markets , Market power , Lerner Index
Journal title :
Economics Letters
Journal title :
Economics Letters