Incidence of Bank Levy and Bank Market Power

2013 – 21 July Incidence of Bank Levy and Bank Market Power _____________ Gunther Capelle-Blancard & Olena Havrylchyk D O C U M E N T D E T R A V A I L CEPII Working Paper Incidence of bank levy and bank market power TABLE OF CONTENTS Highlights ................................................................................................................................... 3 Abstract ...... 3 Points clefs ................................................................................................................................. 4 Résumé court .............................. 4 1. Introduction ......................................................................................................................... 5 2 Testable hypotheses ............. 7 3. Identification strategy and data ........................................................................................... 9 3.1. Description of the Hungarian bank levy ...................................... 9 3.2. Methodology ................................................................................ 9 3.3. Data ............................................................................................................................ 10 4. Empirical results ................ 12 5. Conclusions and policy implications ................................................................................ 12 References ....................................................