We explore Lithuanian credit register data and two bank closures to provide a novel estimate of firms' bank …-switching costs and a novel identification of the hold-up problem. We show that when a distressed bank's closure forced firms to …' reputational concerns, a healthy bank's closure revealed no overcharging. To policy-makers, our results suggest potential benefits …

at the cost of suppressing the role of banks as lenders. A Central Bank Digital Currency (CBDC) could provide safe money …, but at the cost of potentially disrupting bank lending. Our aim is to avoid this potential disruption. Building on the … recent literature on CBDCs, in this study we propose what we call the "CBDC next-level model," whereby the central bank …

The profit-maximizing and oligopoly bank model developed by Bresnahan and Lau allows determining the degree of market … power held by an average bank. The equilibrium price equation includes a mark up, which is not used in the case of perfect …

Many developing and emerging markets have high degrees of state bank ownership. In addition, therecent global financial … differentownerships. In this paper, using bank-level data from India, we examine this issue and also testwhether the reaction of different … initiatives of the centralbank and the bank lending channel of monetary policy might be much more effective in a tight moneyperiod …

-sectional data on publicly traded, highest-level U.S. bank holding companies, we find empirical evidence of Marcus? proposition (1984 …

banking. Using cross-sectional data on publicly traded, highest-level U.S. bank holding companies, we find empirical evidence …