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This paper provides an empirical examination of the regional banking structures in China and their effects on entrepreneurial activity. Using a panel of 27 provinces and four directly controlled municipalities from 1997 through 2008, we find that the presence of large banking institutions...
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Das Ziel der vorliegenden Arbeit liegt in der Identifikation von Public Corporate Governance-Steuerungsdimensionen und der entsprechenden Ausgestaltungsvarianten für Kantonalbanken im Spannungsfeld zwischen ökonomischer und politischer Steuerung aus Sicht der Kantone als Allein- oder...
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The paper uses a panel of more than 1m German firms over 2010-2016, to provide the first firm-bank level evidence of local crowding out for a developed economy characterized by low interest rates and fiscal austerity. Our mechanism relies on two structural features of Germany's banking...
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The possibility of creating a state bank has received much recent attention in the United States. In 2021, six states introduced legislation to create a state bank; in 2019, similar legislation was enacted in California for municipal banks. This paper develops a framework to evaluate state...
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