Showing 1 - 10 of 2,591
This paper examines the impacts of banking market structure and regulation on economic growth using new data on banking market concentration and manufacturing industry-level growth rates for U.S. states during 1899-1929 — a period when the manufacturing sector was expanding rapidly and...
Persistent link: https://www.econbiz.de/10013115288
in many countries. Consequently, bank size and its role for macroeconomic volatility (or: stability) is the subject of … volume of the loan portfolio, and volatility. Using bank-level data for 1999 to 2014, we estimate a power law that relates … bank size to the volatility of loan growth. The effect of regulation on the power law coefficient indicates whether …
Persistent link: https://www.econbiz.de/10012102660
in many countries. Consequently, bank size and its role for macroeconomic volatility (or: stability) is the subject of … volume of the loan portfolio, and volatility. Using bank-level data for 1999 to 2014, we estimate a power law that relates … bank size to the volatility of loan growth. The effect of regulation on the power law coefficient indicates whether …
Persistent link: https://www.econbiz.de/10012861638
Consumption risk sharing among U.S. federal states increases in booms and decreases in recessions. We find that small firms' access to credit markets plays an important role in explaining this stylized fact: business cycle fluctuations in aggregate risk sharing are more pronounced in states in...
Persistent link: https://www.econbiz.de/10003807913
We analyze the effect of the geographic expansion of banks across U.S. states on the co-movement of economic activity between states. Exploiting the removal of interstate banking restrictions to construct time-varying instrumental variables at the state-pair level, we find that bilateral banking...
Persistent link: https://www.econbiz.de/10012651086
Persistent link: https://www.econbiz.de/10009356842
Persistent link: https://www.econbiz.de/10009621823
Persistent link: https://www.econbiz.de/10011507360
Persistent link: https://www.econbiz.de/10011799237
Persistent link: https://www.econbiz.de/10014240266