Mandelman, Federico S. (contributor) - 2006
entry into retail niches and which, in turn, dampen bank markups. In the second part of the paper, I develop a general … equilibrium model that accounts for these features of the data. I find that this monopolistic behavior in the intermediary …
niches and which, in turn, dampen bank markups. In the second part of the paper, I develop a general
equilibrium model that …