taking place for retail banking. Data on cross-border retail bank flows, cross-border bank mergers and the law of one price … reveal no evidence of integration in retail banking. This paper shows that the previous tests of bank integration are weak in … that they are not based on an equilibrium concept and are neither necessary nor sufficient statistics for bank integration …

banks suggests that neither bank size nor government ownership fully explains adoption patterns. Organizational culture …

baseline case where financial frictions are zero. Consistent with theory, small firms and firms without bond ratings show the …

borrowers. We construct an aggregate data set of sovereign debt holdings by foreign and domestic bank, non-bank private, and … official investors for 95 countries over twenty years. We find that private non-bank investors absorb most of the increase in … sovereign debt supply. We further find that foreign non-bank investor demand is most responsive to the yield for emerging market …

government-owned banks into Brazilian cities with low bank branch coverage and combine it with data on the universe of employees …

We study the consequences of month-end lending incentives for Chinese bank managers. Using data from two banks, one …