Bank structure, capital accumulation and growth: a simple macroeconomic model

By Mark G. Guzman. 2000

204 citations recorded by the source corpus.

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Bank Competition and Access to Finance: International Evidence (2004, unknown): “Guzman (2000) shows that a banking monopoly is more likely to result in credit rationing than a competitive banking market and leads to a lower capital accumulation rate.”
Real Effects of Bank Competition (2004, background): “See, e.g., Pagano (1993) and Guzman (2000) for theoretical arguments suggesting that banking market power reduces equilibrium credit, thereby generating a negative effect on economic growth.”
Competition among banks: good or bad? (2001, background): “Guzman (2000) confirms this negative effect of market power in a general equilibrium model of capital accumulation.”