This paper studies the impact of US interstate bank branching deregulation on school finance and student achievement, leveraging the deregulation as a state tax revenue shock. Total revenue and expenditure increase following the deregulation. The revenue increase stems mainly from higher state...

On March 9, 2023, Silicon Valley Bank's (SVB) stock fell 60% while customers withdrew $42 billion in deposits in the largest ever bank run. One of the underlying culprits was massive losses in SVB's long-term treasury holdings, much of which was categorized as held-to-maturity (HTM), a...

This study examines effects of mergers between Austrian banks from 2005 to 2018. Using matching techniques, we assess consequences for bank profitability and financial efficiency, as well as the impact on loan growth and a measure of social efficiency. Significant effects are observed in naive...