bank supervision and eventually produce banking crisis. For political reasons, most countries establish a regulatory … culture that embraces three economically contradictory elements: politically directed subsidies to selected bank borrowers …

adverse selection in credit markets, but negative disclosures can also trigger inefficient bank runs. In our model governments …

the effect of a state's interstate banking regulation on the level and structure of bank CEO compensation. Using panel …

the area that would eventually become the Manufacturing Belt. Using a new bank census, the paper shows that these changes …

In this paper and the associated online database, we provide new data and measures of bank regulatory and supervisory … questions, including information on permissible bank activities, capital requirements, the powers of official supervisory … performance of banking systems. Since the underlying surveys are large and complex, we construct summary indices of key bank …

-Steagall Act forced the banks to leave the securities business: as an internal securities department within the bank and as a … lending and underwriting were closely combined in the departmental structure. We find evidence that bank managers during this … effectiveness of a firm. They also suggest that bank regulators' interest in 'firewalls' between commercial and investment banking …

Bank balance sheet lending is commonly viewed as the predominant form of lending. We document and study two margins of … document the limits of the shadow bank substitution margin: shadow banks substitute for traditional—deposit-taking—banks in … quantitative consequences of several policies on lending volume and pricing, bank stability, and the distribution of consumer …