Barcelona Banking Summer School 

    Empirical Banking - Imperfect Competition

Instructor: Moshe Kim

The purpose of this course is to present and discuss empirical models and issues related to the strategic behaviour in an imperfect banking sector. In particular, it is intended to uncover issues related the behaviour of banks and banking markets with their specific characteristics. Particular attention is directed toward the formation and estimation of econometric models of oligopolistic banking markets and the interpretation of results and their application to policy formation concerning competitive viability, efficiency, and government intervention. Particular attention is given to issues concerned with market structure and banking crises, issues related to relationship banking and its role in bank-customer interactions, as well as to the effects of smoothing capital market frictions.

Selected Topics:

· Market power measurement

· Asymmetric information and its measurement

· Market structure

· Banking crises

· Imperfect competition and strategic behaviour

· Strategic behaviour and financial crisis

· Switching cost

Moshe Kim is a Professor of Economics at the University of Haifa and currently visiting professor at the Universitat Pompeu Fabra in Barcelona. He is past director of the endowed chair of banking at Humboldt University of Berlin, senior distinguished fellow at the Swedish School of Economics (Hanken), and currently an Institute research professor at the German Institute for Economic Research.

He has recently been nominated a distinguished senior professor at the Hanken Foundation in Helsinki.

He has previously taught at the University of British Columbia, the New York University Stern School and the Norwegian School of Economics.His research interests include empirical investigations of the strategic interactions and competition issues in firm-bank relationships. He has published in many journals, including: the Journal of Finance, the International Economic Review, the Journal of Monetary Economics, the Journal of Financial Intermediation, the Journal of Accounting and Economics, the Journal of Money Credit and Banking, the Journal of Industrial Economics, the International Journal of Industrial Organization, the Journal of Banking and Finance.

For more information, please see Moshe Kim.