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regulation took effect. I find that strategic firms reduced their emissions by approximately 20% relative to other firms and …
Persistent link: https://www.econbiz.de/10012775794
We examine the effect of US branch banking deregulations on the entry size of new firms using micro-data from the US Census Bureau. We find that the average entry size for startups did not change following the deregulations. However, among firms that survived at least four years, a greater...
Persistent link: https://www.econbiz.de/10013070600
We show that stricter bank liquidity standards can trigger unintended credit booms when there is heterogeneity in … interbank pricing power. Attempts to circumvent the regulation change the allocation of savings across institutions, eliciting …
Persistent link: https://www.econbiz.de/10013001209
-level governance, country-level governance, country-level regulation, and bank balance sheet and profitability characteristics before …Though overall bank performance from July 2007 to December 2008 was the worst since at least the Great Depression … performance of banks during the credit crisis. More specifically, we investigate whether bank performance is related to bank …
Persistent link: https://www.econbiz.de/10013151816
effects of bank regulation and the impact of deregulation. We find that where entry was more restricted the cost of credit was …We use exogenous variation in the degree of restrictions to bank competition across Italian provinces to study both the … increase in bad loans. In provinces where restrictions to bank competition were most severe, the proportion of bad loans after …
Persistent link: https://www.econbiz.de/10012760665
process of interstate bank deregulation that lowered barriers to competition across U.S. states over the 1980s and 1990s with … facing each individual bank. We find that regulatory-induced competition reduced liquidity creation. Consistent with some …
Persistent link: https://www.econbiz.de/10012993246
New security designs, improvements in computer telecommunications technology and advances in the theory of finance have led to revolutionary changes in the structure of financial markets and institutions. This paper provides a functional perspective on the dynamics of institutional change and...
Persistent link: https://www.econbiz.de/10012752889
Although policymakers often discuss tradeoffs between bank competition and stability, past research provides differing … competition materially boosts bank risk. With respect to the mechanisms, we find that competition reduces bank profits, charter …
Persistent link: https://www.econbiz.de/10012964890
Using comprehensive loan-level data in China, we investigate how the deregulation on bank entry barriers alters local …
Persistent link: https://www.econbiz.de/10014256421
The regulation of bank capital as a means of smoothing the credit cycle is a central element of forthcoming macro …-prudential regimes internationally. For such regulation to be effective in controlling the aggregate supply of credit it must be the case …--on both questions, using a unique dataset. In the UK, regulators have imposed time-varying, bank-specific minimum capital …
Persistent link: https://www.econbiz.de/10013110889