bank market power experience less deposit contractions when stock market causes contractions in deposit supply. The … intuition is that market power makes bank deposit demand curve steeper, which attenuates the effects of contractions in the … zip code areas with mean concentration level within the same city. Counties with more bank market power also experience …

of banking sector concentration. Using a local projections framework with 2003-2023 country-level and bank-level data for …

deposit facility to retail CBDC—during a bank run in a regime of uninsured bank deposits. I study the 1931 bank run in Spain …This paper provides empirical evidence on the behaviour of non-remunerated central bank retail deposits—an analogous … data that allows for capturing the extent of the bank run and the variation in central bank retail deposits at the city …

A common assumption in the academic literature is that franchise value plays a key role in limiting bank risk …-taking. As market power is the primary source of franchise value, reduced competition in banking markets has been seen as … of market concentration do not affect bank risk-taking. However, we find a negative relationship between market power …