Exploiting differential interstate branching deregulation across contiguous counties of adjacent states, we investigate …

deregulation process. We find that once the geographic deregulation process finishes, inter-regional mergers between savings banks … will be mergers between savings and commercial banks. -- branch deregulation ; mergers ; optimal behavior ; Spanish banking …

removing barriers to bank entry on bank competition and economic growth. As governments were not concerned about systemic … stability in this period, we are able to isolate the effects of bank competition from those of state implicit guarantees. We … find that the introduction of free banking laws stimulated the creation of new banks and led to more bank failures. Our …

Does an increase in competition increase or decrease bank stability? I exploit how the state-specific process of … interstate banking deregulation lowered barriers to entry into urban banking markets and find that greater competition … significantly increases bank stability. This result is robust to the inclusion of additional fixed effects and other influences …

deregulation is weak or non-existent. Considering the role of bank loan commitments, these results provide one route though which …This paper uses branching and interstate banking deregulation as a natural experiment to explore the effect of agency … cost on the use of bank loan commitments. A simple inventory-based model shows that lower agency cost facilitates more …

bank inter-regional branch deregulation have any positive effect, the most benefited provinces would be the least developed …This paper provides evidence on the links between financial deregulation and economic performance in a European context …. Specifically, we study the relaxation of bank branching restrictions in Spain which triggered off a remarkable inter …

We analyze whether and how bank deregulation relates to the M&A centric consolidation of U.S. banking industry. Using … significant effect of deregulation on bank consolidation in overall and functionally diverse M&A terms. However, geographically … diverse M&A activity remains largely unaffected by bank deregulation. Importantly, these results are predominantly observed in …

CRE loan shares at local banks. CRE concentrations were a principal cause of post-crisis bank failures, and this paper … presents evidence showing how competition increases not just individual bank fragility, but the stability of the banking sector …