Showing 1 - 10 of 18
We study the spatial expansion of banks in response to banking deregulation in the 1980s and 90s. During this period …
Persistent link: https://www.econbiz.de/10014512110
We study the transmission of monetary policy through bank securities portfolios using granular supervisory data on U.S. bank securities, hedging positions, and corporate credit. Banks that experienced larger losses on their securities during the 2022-2023 monetary tightening cycle extended less...
Persistent link: https://www.econbiz.de/10014544727
We study the impact of digital banking on the value of the deposit franchise and the stability of the banking sector …. Using the classification of digital banking in Koont (2023), we find that when the Fed funds rate increases, deposits flow …
Persistent link: https://www.econbiz.de/10014576630
. The U.S. banking system's market value of assets is $2 trillion lower than suggested by their book value of assets … fragility of the US banking system to uninsured depositor runs …
Persistent link: https://www.econbiz.de/10014247969
U.S. and European banking institutions were hit by a wave of distress in March 2023. Policymakers on both sides of the … banking sector as a whole. This paper contextualizes events using a new long-run database on banking-sector policy …
Persistent link: https://www.econbiz.de/10014247972
A nationwide banking panic forced President Franklin Roosevelt to declare a nationwide banking holiday immediately … concerning the conventional wisdom regarding intervening in a banking system amidst a systemic crisis …
Persistent link: https://www.econbiz.de/10014248006
of the banking system reveals that most swap exposures are offsetting. Therefore, as a description of prevailing practice …
Persistent link: https://www.econbiz.de/10014250183
We use the 2020 Small Business Credit Survey to study the sources of racial disparities in use of the Paycheck Protection Program (PPP). Black-owned firms are 8.9 percentage points less likely than observably similar white-owned firms to receive PPP loans. About 55% of this take-up disparity is...
Persistent link: https://www.econbiz.de/10014250189
The massive rise in U.S. stockholding during the early twentieth century resulted in the deepening of securities markets, the spread of investment banks, and the expansion of publicly held corporations. This paper makes use of a unique panel database of South Dakota bank stockholders from...
Persistent link: https://www.econbiz.de/10013462689
prices of banks with low branch density plummeted during the 2023 Banking Crisis as these banks experienced larger outflows … of uninsured deposits. Our results suggest that digital banking enabled banks to grow faster and attract uninsured …
Persistent link: https://www.econbiz.de/10014322849