find that the introduction of free banking laws stimulated the creation of new banks and led to more bank failures. Our …

Under Basel III rules, banks become subject to a liquidity coverage ratio (LCR) from 2015 onwards, to promote short …

Improvement of Regional Economic Structures program (GRW) with their local banks during 1998-2019. The modalities of GRW subsidies … to firms are determined at the EU level. Therefore, we use it to identify bank outcomes. Banks with relationships to more …, borrow more indicating that banks facilitate regional economic development policies. …

tractable dynamic general equilibrium model, in which forward-looking banks compete imperfectly for deposit funding, and deposit … becomes a less effective tool to curb risk shifting incentives. When banks cannot pass on the cost of capital to depositors …. Complementing existing regulation with policy tools that subsidize the funding cost of banks may improve welfare at the ZLB. …

homeownership, residential mobility, and welfare in the Netherlands. A revenue-neutral abolition of the 2% transfer tax increases … without property transfer taxes if the forgone tax revenues are replaced with higher annual property taxes, but not if revenue … from the transfer tax and is financed with higher annual property taxes. The resulting welfare gains are approximately one …

Under the new Capital Accord, banks choose between two different types of risk management systems, the standard or the …