Jason Allen - Latest

• A Note on Contestability in the Canadian Banking Industry

  Staff Discussion Paper 2007-7 Jason Allen, Ying Liu

  The authors examine the degree of contestability in the Canadian banking system using the H-statistic proposed by Panzar and Rosse (1987) and modified by Bikker, Spierdijk, and Finnie (2006). A modification is necessary because the standard approach of controlling for size using total assets leads to an upward bias in the H-statistic. The authors propose […]

  Content Type(s): Staff research, Staff discussion papers Topic(s): Financial institutions JEL Code(s): G, G2, G21, L, L1, L11
• June 14, 2007

  Efficiency and Competition in Canadian Banking

  Bank of Canada Review - Summer 2007 Jason Allen, Walter Engert

  Allen and Engert report on recent research at the Bank of Canada on various aspects of efficiency in the Canadian banking industry. This research suggests that, overall, Canadian banks appear to be relatively efficient producers of financial services and they do not exercise monopoly or collusive-oligopoly power. The authors note the value of continuing to investigate opportunities to improve efficiency and competition in financial services in Canada.

  Content Type(s): Publications, Bank of Canada Review articles Topic(s): Central bank research, Financial institutions, Financial system regulation and policies