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

This paper identifies how bank branching benefited local economies during the Great Depression. Using archival data and … narrative evidence, I show how Bank of America's branch network in 1930s California created an internal capital market to … competing banking offices. The bank's presence caused smaller city property value contractions and stronger recoveries through …

Bank liquid asset holdings vary significantly across banks and through time. The determinants of liquid asset holdings …

We examine banking regulation in a macroeconomic model of bank runs. We construct a general equilibrium model where …

transmission chain by analysing the response of bank loans to the monetary tightening. Our experiment provides evidence on the … not find evidence of a significant response of bank loans to the monetary tightening, which occurred during 1992, in any …

crisis. We use bidding data from the European Central Bank's auctions for one-week loans, their main channel of monetary …

We study a bank run in India in which private bank branches experience sudden and considerable loss of deposits that … on bank-firm relationships and branch balance sheets. The flight to safety is not a flight to quality. Lending shrinks …

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

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 …