We explore the impact of large banks and of financial openness for aggregate growth. Large banks matter because of … granular effects: if markets are very concentrated in terms of the size distribution of banks, idiosyncratic shocks at the bank …-level do not cancel out in the aggregate but can affect macroeconomic outcomes. Financial openness may affect GDP growth in and …

We explore the impact of large banks and of financial openness for aggregate growth. Large banks matter because of … granular effects: if markets are very concentrated in terms of the size distribution of banks, idiosyncratic shocks at the bank …-level do not cancel out in the aggregate but can affect macroeconomic outcomes. Financial openness may affect GDP growth in and …

We explore the impact of large banks and of financial openness for aggregate growth. Large banks matter because of … granular effects: if markets are very concentrated in terms of the size distribution of banks, idiosyncratic shocks at the bank …-level do not cancel out in the aggregate but can affect macroeconomic outcomes. Financial openness may affect GDP growth in and …

spur growth in cross-border bank mergers. Also, mergers tend to be less frequent if information costs are high. …,300 mergers that took place between 1978 and 2001 to analyse the determinants of international bank mergers. We test the extent to … regulated environments are less likely to be the targets of international bank mergers. Hence, the lifting of regulations can …

have had a marked impact on the banking sector globally. The CGFS Working Group examined trends in bank business models … be clear evidence of a systemic retrenchment from core credit provision. Second, bank return on equity has declined …