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financial services, the number of U.S. bank branches has continued to increase steadily over time. Further, an increasing … lower bank-average deposits per branch and roughly equal volumes of small business loans per branch, but no reduction in net …-sized branch networks had lower bank-average deposits and small business loan volume per branch, but had lower net deposit costs …
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financial services, the number of U.S. bank branches has continued to increase steadily over time. Further, an increasing …") had lower bank-average deposits per branch and roughly equal volumes of small business loans per branch, but no reduction …, mid-sized branch networks had lower bank-average deposits and small business loan volume per branch, but had lower net …
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This paper studies how structural transformation exacerbates financial crises. Using newly collected data, I document the persistent effect of credit supply shocks on local economies during the Great Depression. Cities with access to an unusually generous branching network were no different from...
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