The recent wave of mergers in the commercial banking sector in the United States has led to tremendous industry consolidation. Some fear that such consolidation will leave the small business borrower with fewer opportunities to obtain bank credit. This study uses regression analysis to...

This paper focuses on understanding the role of interest groups and markets in influencing regulatory change. To that end, it first identifies the interest groups surrounding the creation of legislation that separated commercial and investment banking in the 1930s and then identifies the...