Showing 11 - 20 of 122
This paper identifies how bank branching benefited local economies during the Great Depression. Using archival data and … narrative evidence, I show how Bank of America's branch network in 1930s California created an internal capital market to … competing banking offices. The bank's presence caused smaller city property value contractions and stronger recoveries through …
Persistent link: https://www.econbiz.de/10014421204
We study the spatial expansion of banks in response to banking deregulation in the 1980s and 90s. During this period, large banks expanded rapidly, mostly by adding new branches in new locations, while many small banks exited. We document that large banks sorted into the densest markets, but...
Persistent link: https://www.econbiz.de/10014512110
This paper provides the first comprehensive econometric analysis of the causes of bank distress during the Depression …. We assemble bank-level data for virtually all Fed member banks, and combine those data with county-level, state … bank failure. We construct a model of bank survival duration using these fundamental determinants of bank failure as …
Persistent link: https://www.econbiz.de/10012470818
We test three hypotheses regarding changes in supervisory toughness' and their effects on bank lending. The data …, affected bank lending. However, all of the measured effects are small, with 1% or less of loans receiving harsher or easier … classification, about 3% of banks receiving better or worse CAMEL ratings, and bank lending being changed by 1% or less of assets …
Persistent link: https://www.econbiz.de/10012471072
This paper investigates the impact on bank stock prices of emerging market currency crises and bailouts. The stock … events in countries experiencing a crisis. The paper uses the impact of the LTCM crisis on bank stock prices to put the …
Persistent link: https://www.econbiz.de/10012471245
offered by a very large bank. This unpriced credit enhancement helps to explain the preference revealed by very large U … banks have been more eager than small banks to offer mutual funds and why bank mutual funds could be priced to grow at a … time when bank deposits were being priced to shrink …
Persistent link: https://www.econbiz.de/10012473775
the effect of a state's interstate banking regulation on the level and structure of bank CEO compensation. Using panel …
Persistent link: https://www.econbiz.de/10012474224
of creating an oligopoly. We assembled a data set that compares bank failures, lending rates, interest paid on deposits …
Persistent link: https://www.econbiz.de/10012474396
evaluating policy options. There are three parts. The first documents how increased competition and financial innovation made …
Persistent link: https://www.econbiz.de/10012474547
The major theme of this paper is that the commercial banks have weathered the debt crisis, while many debtor countries remain in economic paralysis or worse. There is a growing consensus that much of the LDC debt will not be fully serviced in the future, and that consensus is reflected in at...
Persistent link: https://www.econbiz.de/10012476612