. Exploiting cross-county, cross-time shale discoveries that generated liquidity windfalls at local bank branches, we construct …

. Exploiting cross-county, cross-time shale discoveries that generated liquidity windfalls at local bank branches, we construct …

. Exploiting cross-county, cross-time shale discoveries that generated liquidity windfalls at local bank branches, we construct …

"This paper assesses the impact of the geographic diversification of bank holding company (BHC) assets across the … interstate bank deregulation, we find that exogenous increases in geographic diversity reduce BHC valuations. These findings are …