up opportunities to dramatically reduce the scope of deposit insurance and limit it to narrow bank accounts, thus …

Motivated by public policy debates about bank consolidation and conflicting theoretical predictions about the … relationship between the market structure of the banking industry and bank fragility, this paper studies the impact of bank … concentration, bank regulations, and national institutions on the likelihood of suffering a systemic banking crisis. Using data on …

It is often argued that branching stabilizes banking systems by facilitating diversification of bank portfolios … quantitatively more important than geographical diversification for bank stability in the 1920s and 1930s. …

bank-centered and market-centered financial systems. …

use of the telegraph, the growth in commercial branch banking networks, and the development of Bank of Japan's branches … reduced interest-rate differentials. Bank regulation appears to have played little role in impeding financial market …

capital requirements in a multi-period general equilibrium model of banking. We show that: (i) bank capital is costly because … of the unique liquidity services provided by demand deposits, so a bank regulator may optimally choose to have a risky … cost of bank capital, which determines whether bank shareholders will agree to meet capital requirements rather than exit …

may threaten financial stability by increasing bank failures and by increasing the incentives for banks to take on more … financial stability and strengthen the banking system is to adopt a system of structured bank capital requirements with early …

in Brazil to bank-level decision variables, provides micro evidence on how creditor legal protection affects market …

New data reveals that bank distress peaked in New York City, at the center of the United States money market, in July … regulatory scrutiny, which was a delayed reaction to the failure of the Bank of United States, rather than the exposure of money …

reinforce evidence in the literature on bank mergers that large-bank consolidation is adversely affecting access to credit for …