bank liquidity creation and these liquidity-reducing effects are smaller among more profitable banks and larger among …

disclose to the public? By integrating the gravity model of investment with the state-specific process of bank deregulation … that occurred in the United States from the 1980s through the 1990s, we develop a bank-specific, time-varying measure of … and the frequency with which banks restate financial statements. The results suggest that competition reduces bank opacity …

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 …

disclose to the public? By integrating the gravity model of investment with the state-specific process of bank deregulation … that occurred in the United States from the 1980s through the 1990s, we develop a bank-specific, time-varying measure of … and the frequency with which banks restate financial statements. The results suggest that competition reduces bank opacity …

competition reduces bank opacity, enhancing the ability of markets and regulators to monitor banks …