banking and financial market liberalization among many Asian, African, and formerly socialist countries including China, these … results should be of much banking and policy interest …

.S. banking data from 1990 to 2005. In particular, we find that local banks belonging to community (CBOs) and regional banking … organizations (RBOs) increased their share of CRE loans as competition from large banking organizations (LBOs) increased. The paper … into local banking markets. After instrumenting for LBO entry into new markets, we find a steady and continuous increase in …

We present a model in which shadow banking arises endogenously and undermines market discipline on traditional banks …. Demandable deposits impose market discipline: Without shadow banking, traditional banks optimally pursue a safe portfolio … strategy to prevent early withdrawals. Shadow banking constitutes an alternative banking strategy that combines high risk …

models would overstate the banking sector's recovery rate if they omit bond financing. Furthermore, the model highlights that …

Much has been written and discussed in banking circles about recent rollbacks in prudential regulation, with some … level of debt and equity throughout the economy and in the banking system in particular, and that recent changes to the tax …

indicate that policies that favoured relaxing capital adequacy requirements, decreasing state role and mergers in the banking …