with high locally non-diversifiable risks also benefit relatively more from deregulation in terms of higher bank stability …

with high locally non-diversifiable risks also benefit relatively more from deregulation in terms of higher bank stability …

Does an increase in competition increase or decrease bank stability? I exploit how the state-specific process of … significantly increases bank stability. This result is robust to the inclusion of additional fixed effects and other influences … loans and increases bank profitability. These findings suggest that competition increases stability as it improves bank …

An extensive review of the evidence related to the 2007-09 crisis reveals that it was an insolvency risk crisis, not a … liquidity crisis. The appropriate post-crisis regulatory reform should therefore focus on increasing capital requirements. The … Basel III liquidity requirements do not serve a useful economic purpose in dealing with the root causes of the stresses that …

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 …

enjoy a significant reduction in funding costs if affiliation with a bank extended the federal safety net for banks to cover …

with construction firms or with retail firms would have produced substantially higher returns on equity with less risk … returns relative to risk, although banks were not necessarily a dominant part of some combinations. These findings suggest … authors stress that bank management contemplating diversification into the commercial sector must be selective about which …