financial services, the number of U.S. bank branches has continued to increase steadily over time. Further, an increasing …") had lower bank-average deposits per branch and roughly equal volumes of small business loans per branch, but no reduction …, mid-sized branch networks had lower bank-average deposits and small business loan volume per branch, but had lower net …

. Using branch-level deposit rate data, we find little evidence for market discipline as rates are similar across bank … correlated with loan growth in other states in which their bank has some presence, suggesting internal capital markets help … reallocate the bank's funding …

participate in only one market and no bank participates in all markets). We modify the standard models to incorporate the fact …

to take a forward-looking approach to recognizing life-of-loan losses upon loan origination. Using bank mortgage approval … booms. Overall, our findings suggest that CECL adoption reduces bank lending procyclicality …

financial services, the number of U.S. bank branches has continued to increase steadily over time. Further, an increasing … lower bank-average deposits per branch and roughly equal volumes of small business loans per branch, but no reduction in net …-sized branch networks had lower bank-average deposits and small business loan volume per branch, but had lower net deposit costs …

introduce a random coefficients logit model of bank account choice and estimate depositors' tastes for bank characteristics …

Bank-created money, shadow-bank money, and Treasury bonds all satisfy investors' demand for a liquid transaction medium … extent to which they are substitutes, and the amount of liquidity per unit delivered by each asset. Treasury bonds and bank …. Our results on the imperfect substitutability of bank and shadow-bank money also inform analyses of the coexistence of the …

that the U.S. Postal Savings System played in commercial bank closures during the Great Depression. The system offered …

introduce a random coefficients logit model of bank account choice and estimate depositors' tastes for bank characteristics …