Recently, massive bank exits have begun to be observed around the world. What is the effect of such bank behavior on … countries. We find that the impact of bank exits on the market power of other banks is non-linear, shaped like a U …-curve. Moreover, we document that the largest increase in market power is when a divested bank accounts for around 10% of market share …

for up to 5 years between 2013 and 2017. I identify the main locations of European bank's profits, which include the …

fears are justified for the two neighboring countries of Eastern Enlargement Austria and Germany. We find that Eastern … Enlargement leads to surprising small job losses of less than 0.5 percent of total employment in Germany and of 1.5 percent in … Austria, because jobs in Eastern Europe do not compete with jobs in Austria and Germany. Low cost jobs of affiliates in …

these fears are justified for the two neighboring countries of Eastern Enlargement Austria and Germany. I find that Eastern … Enlargement leads to surprising small job losses, because jobs in Eastern Europe do not compete with jobs in Austria and Germany … competitive environment. However, I also find that multinational firms in Austria and Germany are outsourcing the most skill …