In 1996, Congress passed the Interstate Banking andBranching Efficiency Act, which allowed banks to branch across state lines andto purchase banks in any state.This act contributed to an increase inexpansion-seeking banks.The focus here is on the ways in which thesestructural changes in banking...

Given the wide use of childcare subsidies across countries, it is surprising how little we know about the effect of these subsidies on children's longer run outcomes. Using a sharp discontinuity in the price of childcare in Norway, we are able to isolate the effects of childcare subsidies on...