It is often argued that branching stabilizes banking systems by facilitating diversification of bank portfolios … findings. Using data on national banks from the 1920s and 1930s, we show that branch banking increases competition and forces … strengthening the branch banks themselves. Our empirical results suggest that the effects that branching had on competition were …

We study bank supervision by combining a theoretical model distinguishing supervision from regulation and a novel … supervision and use the model to interpret the relation between supervisory efforts and bank characteristics observed in the data … proportionally with bank size, suggesting the presence of technological scale economies in supervision. The data also show …

This paper studies the impact of technological change and regulatory competition on governmental efforts to generate …

Using proprietary individual level loan data, this paper explores the economic consequences of the 2009 bank entry … corporate loans from entrant banks. Consequently, in deregulated cities, private firms with bank credit access increase asset … following deregulation. Deregulation also amplifies bank credit from productive private firms to inefficient SOEs due mainly to …

This paper finds that banks and non-banks respond differently to increased competition in consumer credit markets …. Increased competition and the greater threat of failure induces banks to specialize more in relationship business lending, and … surviving banks are more profitable. However, non-banks change their credit policy when faced with more competition and expand …

taking place for retail banking. Data on cross-border retail bank flows, cross-border bank mergers and the law of one price … reveal no evidence of integration in retail banking. This paper shows that the previous tests of bank integration are weak in … that they are not based on an equilibrium concept and are neither necessary nor sufficient statistics for bank integration …

findings using state branching deregulation to instrument for bank competition … more bank mergers are subjected to higher interest rates, diminished local construction, lower prices, an influx of poorer …