Showing 71 - 80 of 96,126
Although liquidity creation is a key banking function, little is known about its determinants. We use a new identification strategy to assess whether an intensification of competition among banks increases or decreases liquidity creation. Consistent with the predictions of some theoretical...
Persistent link: https://www.econbiz.de/10012969567
We examine the effects of geographic deregulation on banks' cost of equity (COE) using changes in interstate bank … branching laws over the post–Riegle-Neal period (1994:Q4–2016:Q4). We find strong evidence that deregulation increases banks …
Persistent link: https://www.econbiz.de/10012850786
Despite ample research demonstrating many consequences of bank geographic deregulation, the bank capital determinants … literature has not directly tested the effects of this deregulation. This paper fills this important research gap. We find strong … evidence that geographic deregulation significantly increases both bank target capital ratios and speeds of adjustment to these …
Persistent link: https://www.econbiz.de/10012852303
Although policymakers often discuss tradeoffs between bank competition and stability, past research provides differing theoretical perspectives and empirical results on the impact of competition on risk. In this paper, we employ a new approach for identifying exogenous changes in the competitive...
Persistent link: https://www.econbiz.de/10012854777
increased deregulation of the banking sector over the last two decades. In this context, an important question arises: does … deregulation lead to instability in the banking sector? In this overarching theme, in this paper, we examine the effect of the … deregulation of bank entry on bank stability.In theory, the effect of the deregulation of bank entry on bank stability is ambiguous …
Persistent link: https://www.econbiz.de/10012857110
Does deregulation of bank entry enhance bank stability or exacerbate bank fragility? Since the theoretically predicted … effect of deregulation of bank entry on bank failures is ambiguous, this question has to be answered empirically. In this … paper, we analyze the impact of deregulation of entry restrictions in the U.S. states on bank stability. We find that …
Persistent link: https://www.econbiz.de/10012857324
This study investigates the effects of banking deregulation on county-level economic growth in the U.S. during the 1970 … deregulation on local economic growth. For the regions South, West and Northeast, we find significantly positive long-run direct … effects of intrastate branching deregulation on the expected growth rates of counties in the deregulated state itself, up to …
Persistent link: https://www.econbiz.de/10012860307
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 … that the effect is driven by the strengthening of the bank balance sheet after deregulation, but not by the increased …
Persistent link: https://www.econbiz.de/10012862102
We explore empirically how capital inflows into the US and financial deregulation within the United States interacted … measure of financial liberalization, we focus on the history of interstate-banking deregulation during the 1980s, i.e. prior … of deregulation: in states that opened their banking markets to out-of-state banks earlier, house prices were more …
Persistent link: https://www.econbiz.de/10013023109
We explore empirically how capital inflows into the US and financial deregulation within the United States interacted … measure of financial liberalization, we focus on the history of interstate-banking deregulation during the 1980s, i.e. prior … of deregulation: in states that opened their banking markets to out-of-state banks earlier, house prices were more …
Persistent link: https://www.econbiz.de/10013040115