-Neal Interstate Banking and Branching Efficiency Act of 1994 removed many of the restrictions on opening bank branches across state …

It is often argued that branching stabilizes banking systems by facilitating diversification of bank portfolios …-level data find that states allowing branch banking had lower failure rates, while those examining individual banks find that … findings. Using data on national banks from the 1920s and 1930s, we show that branch banking increases competition and forces …

1930s to assess the effects of the expansion of large-scale, branch-banking networks on competition and the stability of … banking systems. Using a new database of individual bank balance sheets, income statements, and branch establishment, we … face competition from branching networks. Our statistical findings thus support the hypothesis that branch banking produces …

We observe less efficient capital allocation in countries whose banking systems are more thoroughly controlled by … tycoons or families. The magnitude of this effect is similar to that of state control over banking. Unlike state control …

Banking-system shutdowns during contractions scar economies. Four times in the last forty years, governors suspended …

bank failure rates in Michigan during the period 1932-1934, which includes the important Michigan banking crisis of early …

Expenditure visibility—the extent to which a household's spending on a consumption category is noticeable to others …-average spending. Jointly, these visibility measures explain up to three quarters or more of the observed variation in total-expenditure …