We study the importance of information technology (IT) in banking for entrepreneurship. Guided by a parsimonious model …, we establish that job creation by young firms is stronger in US counties more exposed to banks with greater IT adoption …. We present evidence consistent with banks’ IT adoption spurring entrepreneurship through a collateral channel …

question, we identify the compositional changes in banks' supply of credit using the variation in their holdings of residential …

core. The estimated model matches four facts about banks' Tobin's Q that summarize bank leverage dynamics. (1) Book and … nor market leverage constraints are binding for most banks; (4) bank leverage and Tobin's Q are mean reverting but highly …

The increasing pervasiveness of technology-driven firms that offer banking services has led to a growing pressure on … traditional banks to modernize their core business activities. Banks attempt to confront the challenges of digitalization by … banks to form alliances with fintechs. Furthermore, we analyze whether such bank-fintech alliances affect the market …

us to construct a new and better financial development index which measures the level of loans extended by banks to …

and industrial loans by U.S. banks. An increase in the broad dollar index by 2.5 points (one standard deviation) reduces U ….S. banks' corporate loan originations by 10 percent. This decline is driven by a reduction in the demand for loans on the …

We document a strong political cycle in bank credit and industry outcomes in Turkey. In line with theories of tactical … redistribution, state-owned banks systematically adjust their lending around local elections compared with private banks in the same … lending and creates credit constraints for firms in opposition areas, which suffer drops in assets, employment and sales but …

for banks. To reduce uncertainty, banks acquire additional costly information about borrowers. More information increases …