Bank branch density, defined as the number of bank branches to total deposits, has significantly declined over the past …

locations of large-bank branches have demographics typically associated with greater financial sophistication, large-bank …

monetary policy by lowering search costs and expanding bank markets. This paper studies the reaction of online banks to changes … online banks. Consistent with the rate movements, online bank deposits experience inflows, while traditional banks experience …

whether the central bank chooses to buy domestic or foreign assets, thus resulting in transfers either within or between … compensates for losses (the structure of indemnification agreements). Data from the Federal Reserve, the Eurosystem, and the Bank … of England show that maximum annual losses are between 0.3 and 1.5 percent of GDP. By contrast, the Swiss National Bank …

Before the era of large central bank balance sheets, banks relied on incoming payments to fund outgoing payments in … order to conserve scarce liquidity. Even in the era of large central bank balance sheets, rather than funding payments with … balances. Our findings are timely, given the ongoing shrinking of central bank balance sheets around the world in response to …

real primary surpluses. Monetary policy remains important. The central bank can set an interest rate target, which …

allow me to explore whether tenancy and scale mattered as determinants of technique and efficiency in the rural estates of …