Exploiting differential interstate branching deregulation across contiguous counties of adjacent states, we investigate …

deregulation is weak or non-existent. Considering the role of bank loan commitments, these results provide one route though which …This paper uses branching and interstate banking deregulation as a natural experiment to explore the effect of agency … cost on the use of bank loan commitments. A simple inventory-based model shows that lower agency cost facilitates more …

branching deregulation decreased syndicated loan issuance but spurred bilateral lending to corporations. This shift is also …

), we examine whether and how banking deregulation affects firms’ auditor choices. We find that an exogenous increase in the … degree of interstate branch banking deregulation leads to a reduction in firms’ propensity to engage Big N or industry expert … auditors. In cross-sectional analyses, we further find that the negative effect of banking deregulation on firms’ auditor …

Bank deregulation in the form of the repeal of the Glass-Steagall Act facilitated the entry of non-bank lenders into … conventional view that regulatory arbitrage caused the rise of non-bank lenders. …

I show that the deregulation of bank branching in the United States lowered the sensitivity of small business growth to … bank deregulation played an important role in insuring small businesses against local shocks to credit supply … local credit supply. In urban markets, within-state deregulation of branching resulted in an 80% decrease in the effect of …

that the effect is driven by the strengthening of the bank balance sheet after deregulation, but not by the increased …This paper examines how interstate banking deregulation affects mortgage lending to minorities. I find that the … mortgage approval rates for African Americans, compared with other borrowers, decrease after interstate banking deregulation. I …