framework in which fractional reserve banks emerge in equilibrium, where bank assets are funded with liabilities made demandable … in government money, where the terms of bank deposit contracts are affected by the liquidity insurance available in … financial markets, where banks are subject to runs, and where a central bank has a meaningful role to play, both in terms of …

given by testing a monopolistic competition model of bank branching behaviour on individual bank data at county level …

The latest global financial and economic crisis reignited the debate on the costs and benefits of foreign bank presence … other fundamental factors, rather than the actual dynamics of foreign bank presence. The availability of bank funding is one …