further curtails bank lending and affects bank funding structure. The explanatory power of Treasury supply is not driven by … rationalized in a model of imperfect deposit competition …

Does emergency credit prevent long-term financial distress? We study the causal effects of government-provided recovery … bankruptcy, increase employment and revenue, unlock private credit, and reduce delinquency. These effects, especially the … crowding-in of private credit, appear to reflect resolving uncertainty about repair. We do not find capital reallocation away …

borrowers from predatory lending but can eliminate necessary credit options for vulnerable populations … alternative credit from banks, effectively shutting them out of the market. The cap had a permanent impact on the small loan …

separate firm-borrowing shocks from bank-supply shocks using a vast sample of matched bank-firm lending data. We decompose …

We examine the implications of sleepy deposits and their impact on competition, bank value, and financial stability in … for 58% of the average bank's deposit franchise value. Sleepiness softens competition, particularly raising markups and …

I review a subset of the empirical tools available for competition analysis. The tools discussed are those needed for …

insurance market), we study the impact of competition on premiums. We exploit variation in ratings-area-level competition …