risk factors, we separate the bank-specific selection and monitoring abilities from the composition of the loan portfolio …, on average, lower loan losses, (b) the loss rate of a given industry in a bank's loan portfolio is lower if the bank has …

We exploit the cross-state, cross-time variation in bank tangible capital ratios-brought about by bank branch … deregulation on a state-by-state basis-to identify the effects of bank capital pressures on employment and firm dynamics during two … waves of changes in bank capital regulation. We show that stronger capital pressures temporarily slowed down growth in …

We compare the performance of unsecured personal installment loans made by traditional bank lenders with that of … statistical noise. In 2013 and 2016, the largest bank lenders experienced the highest ratio of nonperformance, the highest … inherent credit risk, rather than by lending inefficiency. LendingClub’s performance was similar to small bank lenders as of …

Using 2013 and 2016 data, we compare the performance of unsecured consumer loans made by U.S. bank holding companies to … ratio, adjusted for statistical noise, and the minimum ratio gauges lending inefficiency. In 2013 and 2016, the largest bank … similar to the high average efficiency of the largest bank lenders - a conclusion that may not be applicable to other fintech …

, a minimum ratio that represents best-practice lending given the volume and composition of a bank's loans, the average … concentration; and, second, a ratio, the difference between the bank's observed ratio of nonperforming loans and the best …-practice minimum ratio, that represents the bank's proficiency at loan making. The best-practice ratio of nonperforming loans, the …

: first, a minimum ratio that represents best-practice lending given the volume and composition of a bank's loans, the average … concentration; second, a ratio, the difference between the bank's observed ratio of nonperforming loans, adjusted for statistical … noise, and the best-practice minimum ratio, that represents the bank's proficiency at loan making; third, a statistical …

provisioning (LLP) (ex ante credit risk). We find a strong evidence that bank's charter value as an endogenous variable is …