financial crisis of the 20th century - the Great Depression. Using balance-sheet and systemic risk measures at the bank level …, we build an econometric model with incidental truncation that jointly considers bank survival, the type of bank closure … (consolidations, absorption, and failures), and changes to bank risk. Despite roughly 9,000 bank closures, risk did not leave the …

This paper identifies how bank branching benefited local economies during the Great Depression. Using archival data and … narrative evidence, I show how Bank of America's branch network in 1930s California created an internal capital market to … competing banking offices. The bank's presence caused smaller city property value contractions and stronger recoveries through …

corresponding imperfect substitutability between private and commercial credit for the entrepreneur's relationship bank is then …

types of long-term debt securities. By investigating at the individual bank level, we are able to test explicitly a broad … country and bank-specific financial characteristics as explanatory variables. With respect to the country determinants, our … bond issuance, while for banks from the euro area periphery central bank liquidity substituted for unsecured long-term debt …

channel, one bank's capital policy affects the equity value and risk of default of other banks. In a model where such … externalities are strong, bank capital takes on the attribute of a public good, where the private equilibrium features excessive … implications of the model with observed bank behavior during the crisis of 2007-09 …

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

This paper analyzes the contagion effects associated with the failure of Silicon Valley Bank (SVB) and identifies bank … held-to-maturity securities, bank size, and cash holdings had a significant impact, while better-quality assets or holdings …

The primary driver of commercial bank failures during the Great Recession was exposure to the real estate sector, not …

To the best of our knowledge, this is the first study to estimate the effect of liquidity regulation on bank balance … the overall size of bank balance sheets or a detrimental impact on lending to the non-financial sector either through … claims on other financial institutions with cash, central bank reserves and government bonds - and so reduced the …