identification strategy to assess whether an intensification of competition among banks increases or decreases liquidity creation …. Consistent with the predictions of some theoretical models, we find that regulatory-induced competition has a negative effect on …

Did regulatory reforms that lowered barriers to competition increase or decrease the quality of information that banks … deregulation-induced competition. We find that an intensification of competition reduced abnormal accruals of loan loss provisions … and the frequency with which banks restate financial statements. The results suggest that competition reduces bank opacity …

Although policymakers often discuss tradeoffs between bank competition and stability, past research provides differing … theoretical perspectives and empirical results on the impact of competition on risk. In this paper, we employ a new approach for … competition materially boosts individual and systemic bank risk. With respect to the mechanisms, we find that competition reduces …

Does an intensification of competition among banks increase or decrease liquidity creation? By integrating the dynamic … 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 …

Did regulatory reforms that lowered barriers to competition increase or decrease the quality of information that banks … deregulation-induced competition. We find that an intensification of competition reduced abnormal accruals of loan loss provisions … and the frequency with which banks restate financial statements. The results suggest that competition reduces bank opacity …

Did regulatory reforms that lowered barriers to competition among U.S. banks increase or decrease the quality of … information that banks disclose to the public and regulators? We find that an intensification of competition reduced abnormal … competition reduces bank opacity, enhancing the ability of markets and regulators to monitor banks …