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Authors
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Abstract(s)
This paper investigates the level of price and non-price competition in the Portuguese financial system. We study the determinants of market power in banking and discuss the role of switching costs. We show that the degree of customer mobility is low and that price instruments have a higher impact on market share than non-price instruments.
Description
Keywords
Financial System Portugal
Citation
Teixeira, João C. A. (2011). Mobility and market power in the Portuguese financial system, “Working Paper Series” nº 26/11, 35 pp.. Ponta Delgada: Universidade dos Açores, CEEAplA-A.