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removing barriers to bank entry on bank competition and economic growth. As governments were not concerned about systemic … stability in this period, we are able to isolate the effects of bank competition from those of state implicit guarantees. We … find that the introduction of free banking laws stimulated the creation of new banks and led to more bank failures. Our …
Persistent link: https://www.econbiz.de/10010227307
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...
Persistent link: https://www.econbiz.de/10012857844
The decline in cash use and growing use of digital distribution for retail banking leads to a reduced need for bank … increase in exit risk after branch closures. Our results thus suggest that the disappearance of bank branches have far …
Persistent link: https://www.econbiz.de/10014481195
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merge and post-merger value creation and synergies? We compile comprehensive information on U.S. bank acquisitions from 1986 …
Persistent link: https://www.econbiz.de/10012954925
branch numbers across countries and the opening and closing of branches, bank fragility and consolidation are surprisingly at … important role than internal processing technology. General bank level factors are more important than local internet access …. Bank internal use of technology appears to be more relevant than use of technology by competitors. While large banks rely …
Persistent link: https://www.econbiz.de/10012419399
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merge and post-merger value creation and synergies? We compile comprehensive information on U.S. bank acquisitions from 1986 …
Persistent link: https://www.econbiz.de/10012455212