Gerschenkron (1962) argued that public institutions such as the State Bank of the Russian Empire spurred the country's industrialization. We test this assertion by exploiting plant-level variation in access to State Bank branches using a unique geocoded factory data set. Employing an...

Interest in the United States in creating banks owned and operated by the state has increased dramatically in recent years. In 2023 or 2024, legislation was introduced in eight states to start a bank. In 2019, similar legislation was enacted in California for the creation of municipal banks....

The possibility of creating a state bank has received much recent attention in the United States. In 2021, six states introduced legislation to create a state bank; in 2019, similar legislation was enacted in California for municipal banks. This paper develops a framework to evaluate state...

We investigate whether employees in Germany benefit from public bank guarantees in terms of employment probability and wages. To that end, we exploit the removal of public bank guarantees in Germany in 2001 as a quasi-natural experiment. Our results show that bank guarantees lead to higher...

Using the SEC’s 2004 decision to begin publicly disclosing its comment letters, we study the consequences of increased regulatory transparency on the banking industry. Because the SEC only issues comment letters to public banks, we exploit a difference-in-differences design to examine the...

This study examines the effects of the expansion of small and medium-sized bank branches on large state-owned banks in China based on bank branch-level financial data and detailed loan-level data from 2008 to 2015. We find that the expansion of small and medium-sized banks favorably impacts the...

This paper aims to provide a retrospective assessment of Ukraine's state policy concerning state-owned banks and evaluate their impact on the sustainability of Ukraine's public finances. The research methodology employs an empirical study of the cash flow of public funds to state owned banks and...

This paper estimates and compares various efficiencies, namely, business, profit, and Z-Score efficiencies for private and publicly owned Indian banks. It uses the data envelopment analysis (DEA) following variable returns to scale, under input and output orientation, for measuring efficiency....

This paper builds a dataset on bank ownership that covers more than 6,500 banks in 181 countries (59 low-income economies, 72 middle-income economies, and 50 high-income economies) over 1995-2020. I show that until 2010, there was a reduction in state-ownership of banks and an increase foreign...

How relevant are government-owned banks in the economy, especially in recessions? We study the role of government-owned banks in a dynamic stochastic general equilibrium (DSGE) model with heterogeneous financial intermediaries, heterogeneous households, and minimum capital requirement...

The banking system occupies an important place in a nation’s economy. A banking institution is indispensable in a modern society. It plays a pivotal role in the economic development of a country and forms the core of the money market in an advance country. With the effects of the...

This paper studies the effect of bank ownership on product innovation by borrowing firms, highlighting the role of the state, foreign, and combined foreign-state bank ownership. It uses Enterprise Survey data for more than 22,000 firms in 49 countries from 2016 to 2020, linked to Fitchconnect...

The possibility of creating a state bank has received much recent attention in the United States. In 2021, six states introduced legislation to create a state bank; in 2019, similar legislation was enacted in California for municipal banks. This paper develops a framework to evaluate state...

This paper focuses on the services and roles of state-owned banks in achieving customer satisfaction in Bangladesh. The use of digital technologies can help in providing quality customer services. State-owned banks often have high non-performing properties and high costs for providing a...

We empirically provide evidence to answer the question of who is a better player in the field of commercial banking sector? The Public Sector Banks (PSBs) or the private sector banks (PVBs)? Moreover, we try to determine whether it is time for the private sector banks to be the new engines of...

We study a bank run in India in which private bank branches experience sudden and considerable loss of deposits that seek safety in state-owned public sector banks (PSBs). We trace the consequences of this reallocation using granular data on bank- firm relationships and branch balance sheets....

By adopting a difference-in-differences specification combined with propensity score matching, we provide evidence using the microdata of German banks that stateowned savings banks have lent less than credit cooperatives during the COVID-19 crisis. In particular, the weaker lending effects of...

In this study, we reassess the links between commercial bank ownership and lending growth during the 1996–2019 period. We find evidence that the lending activities of foreign state-controlled and foreign privately owned banks differ, particularly during different crisis type periods and...

In this study, we reassess the links between commercial bank ownership and lending growth during the 1996–2019 period. We find evidence that the lending activities of foreign state-controlled and foreign privately owned banks differ, particularly during different crisis type periods and...

By adopting a difference-in-differences specification combined with propensity score matching, we provide evidence using the microdata of German banks that state-owned savings banks have lent less than credit cooperatives during the COVID-19 crisis. In particular, the weaker lending effects of...

The study investigates the determinants of state banks’ in comparison with joint stock commercial private banks’ profitability in Uzbekistan during the period 2010-2016; to the study selected 3 state, 11 joint stock and 7 private banks in Uzbekistan as a case study. The purpose was to determine...

The purpose of this study is to examine the impact of ownership concentration on the performance of Indian commercial banks. A panel data approach has been used in this study. Particularly, the effect estimation and GMM has been used in this study to examine the relationship between ownership...

Service quality may be defined as holistic judgement, or attitude, relating to the superiority of service. In today's increasing competitive atmosphere providing quality service is important for any service industry. Service quality has been conceptualized as the outcome arising out of the...

By adopting a difference-in-differences specification combined with propensity score matching, I provide evidence using the microdata of German banks that stateowned savings banks have lent less than credit cooperatives during the COVID-19 crisis. In particular, the weaker lending effects of...

Assessment of service quality has been widely utilized in the service sector, especially in the banking industry. The present study aims to understand the influence of service quality on customer loyalty in Indian public sector banks. The service quality is quantified with the help of a modified...

We study how financial development affects economic development and wage inequality. We use a large expansion of government-owned banks into Brazilian cities with low bank branch coverage and combine it with data on the universe of employees from 2000-2014. We find that higher financial...

Can state-owned banks spur development? Gerschenkron (1962) identified the State Bank of the Rus- sian Empire as the main institutional driver of the country's catch-up industrialization. In this paper, we test this assertion by evaluating the outcome of a policy experiment (1892-1903) under the...

Although it was initiated by the Allies as a kind of compromise in an Anglo-American dispute over banking policy in occupied Germany, and was thus an Allied creation, the Kreditanstalt für Wiederaufbau (KfW) was soon to be called "a characteristic German institution". This was because of the...