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method, and a number of bank, market, and regulatory characteristics. We review the existing literature and provide new …
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resultant credit restriction by turning to other banks. Importantly the bank-lending channel is notably stronger when we account …
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We investigate the sources of recent changes in the performance of U.S. banks using concepts and techniques borrowed from the cross-section efficiency literature. Our most striking result is that during 1991-1997, cost productivity worsened while profit productivity improved substantially,...
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% of entry in metropolitan markets, and more than 10% of entry in rural markets. Additional results suggest that bank age …
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