This paper sheds light on regional recovery prospects from the coronavirus disease 2019 (COVID-19) crisis by examining the link between gross rates of establishment openings and closures and local economic growth spanning the 2001 recession and the 2007-2009 global financial crisis (GFC)....

Geographic expansion negatively impacts bank outcomes during recessions. While increases in average bank-to-branch distance for a given bank have a small positive impact on bank performance, increases in average bank-to-branch distance across all banks negatively impact performance as a result...