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• W3201824005 abstract "The COVID-19 pandemic could result in large government interventions in the banking industry. To shed light on the possible consequences on markups, we rely on the experience of the Global Financial Crisis and exploit granular data on government interventions in more than 800 banks across 27 countries between 2007 and 2017. Using a multivariate matching method, we find no evidence of an increase in markups. Interventions—especially longer and larger ones—have no significant impact on prices but they increase costs, mostly because of higher loan impairment charges, lowering markups." @default.
• W3201824005 created "2021-10-11" @default.
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• W3201824005 date "2021-12-01" @default.
• W3201824005 modified "2023-10-18" @default.
• W3201824005 title "Government intervention and bank markups: Lessons from the global financial crisis for the COVID-19 crisis" @default.
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• W3201824005 doi "https://doi.org/10.1016/j.jbankfin.2021.106320" @default.
• W3201824005 hasPubMedCentralId "https://www.ncbi.nlm.nih.gov/pmc/articles/8492004" @default.
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