which banks are to be shut down before they can go bankrupt, and (ii) a loss allocation – or bailout – decision of who pays … contrast, bailout policies are centralized only when international spillovers from cross-border bank ownership are strong, and …

We propose a management career model where females face a gender-specific career hurdle. We show that female managers … will, on average, be more skilled than male managers, since females from the low end of the talent distribution will … product market competition. When the intensity of product market competition increases, hirings and wages for female managers …