that the U.S. Postal Savings System played in commercial bank closures during the Great Depression. The system offered …

The majority of bank liabilities are deposits typically not withdrawn for extended periods. We propose a dynamic model … effects on bank dynamics. Interest rate cuts produce delayed increases in bank risk which are stronger in low rate regimes …. Deposit insurance can exacerbate the deposit dilution and amplify the increase in bank risk …

Motivated by the regional bank crisis of 2023, we model the impact of interest rates on the liquidity risk of banks … valuable if depositors remain in the bank. This creates run incentives for uninsured depositors. We show that a run equilibrium … the bank. The liquidity risk of the bank thus increases with interest rates. We provide a formula for the bank's optimal …

We use the term structure of bank CD rates to examine whether maturity-transformation risk is priced into the rates … banks offer customers. We find that depositors pay a significant cost for the liquidity provided by bank deposits. This cost …

macroeconomic and bank regulatory reform. Bank regulatory policy promoted privatization, financial liberalization, and free entry …. Argentina's bank regulatory system now is widely regarded as one of the two or three most successful among emerging market …

We propose a dynamic theory of banking where the role of deposits is akin to that of productive capital in the … classical Q-theory of investment for non-financial firms. As a key source of leverage, deposits create value for well … focus of static models on value destruction of deposit outflow and bank run. Our model predictions on bank valuation and …

locations of large-bank branches have demographics typically associated with greater financial sophistication, large-bank …

even if depositors and bank owners have the same preferences and the same investment opportunities. Various government …