quantification of the gains from optimal ownership within multinational firms, by exploiting a major liberalization of China's policy …

use the model to look at monetary policy and show that allowing banks to sell long-term assets to the central bank after a … ; bank portfolio …

This paper analyzes the development of the banking sector in European transition countries. We find that, although bank … major players in the financial system of these countries. However, foreign bank presence and financial development in … than domestic banks. Furthermore, it appears that foreign and domestic bank performance tend to converge. …

survival of top executives (Presidents, CEOs and General Managers) to bank performance and the manager's local connections …, controlling for (observable and unobservable) bank and manager characteristics by exploiting longitudinal information on bank …-manager appointments. We measure the extent? of managers' local connections by the distance between the province of the bank's headquarters …

quasi-exogenous increases in bank size in postwar Germany. I show that firms did not grow faster after their relationship …, but worked with riskier borrowers. Bank managers benefited through higher salaries and media attention. The paper presents …

analysis reveals a rising low-income country trade share around and after China's accession to the World Trade Organization …