Sectorial and qualitative differentiation for heterogeneous financial intermediaries
Date
2022-06
Authors
Guerrero Lopez, Francisco Jesus
relationships.isContributorOfPublication
Sturzenegger, Federico
Margaretic, Paula
Journal Title
Journal ISSN
Volume Title
Publisher
Universidad de San Andrés. Departamento de Economía
Abstract
I study a variant of a Salop Circle, in which I analyze competition in banking systems. For this model, banks
can differ in two ways, first in the quality of the financial service offered that could enhance the perceived
benefits by the borrowers, and sectorally which could represent the knowledge that the banks have in a
specific sector. Here, I analyze the interaction of heterogeneous lenders in the system, one bank that has the
capacity of lending to each sector against business’s specialized banks. The analysis finds the possibility
of multiple sets of market equilibrium and social optima. I restrict the analysis to the set that allows me to
analyze the market failures when all possible combinations of banks are allowed.
Keywords: Salop, Banking Competition, Heterogeneous banks, Specialization, Fintech.
Keywords: Salop, Banking Competition, Heterogeneous banks, Specialization, Fintech.
Description
Fil: Guerrero Lopez, Francisco Jesus. Universidad de San Andrés. Departamento de Economía; Argentina.
Keywords
Citation
Guerrero Lopez, F. J. (2022). Sectorial and qualitative differentiation for heterogeneous financial intermediaries. [Tesis de maestría, Universidad de San Andrés. Departamento de Economía]. Repositorio Digital San Andrés. http://hdl.handle.net/10908/22793