Score contribution per author:
α: calibrated so average coauthorship-adjusted count equals average raw count
We study the relationship between bank competition and stability for 145 countries over the period 1997–2010. We use three measures of bank competition, namely the Boone indicator, the Lerner and the adjusted Lerner indices, and two econometric methods. Our results show that bank competition is detrimental to bank stability, and it also shortens the survival time of banking systems.