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 …Does an intensification of competition among banks increase or decrease liquidity creation? By integrating the dynamic …

of the individual insurance market, the Marketplaces invoke many of the principles of regulated competition including … the tools of regulated competition. We then discuss ways in which the Marketplace model deviates from the more …

competition reduces bank opacity, enhancing the ability of markets and regulators to monitor banks …Did regulatory reforms that lowered barriers to competition among U.S. banks increase or decrease the quality of … information that banks disclose to the public and regulators? We find that an intensification of competition reduced abnormal …

public-interest view of regulation, not regulatory capture …

policy implications as they imply that the same regulation will have different effects on bank risk taking depending on the …, their ownership structures, and national bank regulations. We focus on conflicts between bank managers and owners over risk …, and show that bank risk taking varies positively with the comparative power of shareholders within the corporate …

may threaten financial stability by increasing bank failures and by increasing the incentives for banks to take on more … financial stability and strengthen the banking system is to adopt a system of structured bank capital requirements with early …