Risk premium and market power in credit markets

被引：27
|
作者：
Martin Oliver, Alfredo [1 ]
Salas Fumas, Vicente [1 ]
Saurina, Jesus [1 ]
机构：
[1] Univ Zaragoza, Zaragoza, Spain
来源：
ECONOMICS LETTERS | 2006年 / 93卷 / 03期
关键词：
market power; Lerner index; credit markets;
D O I：
10.1016/j.econlet.2006.06.021
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
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. (c) 2006 Elsevier B.V. All rights reserved.
引用
收藏
页码：450 / 456
页数：7
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