This second edition of The Industrial Organization explores the study of the structure of
individual banks, banking markets, and their interactions. The book has the same two key …

We quantify the costs of major disclosure and governance regulations by exploiting a
regulatory quirk: many rules trigger when a firm's public float exceeds a threshold …

We study how regulatory oversight by the Consumer Financial Protection Bureau (CFPB)
affects mortgage credit supply and other aspects of bank behavior. We use a difference-in …

We quantify the cost of pledging collateral for small businesses by exploiting a regulatory
quirk of the SBA disaster lending program in which firms are exempt from posting collateral if …

This study examines the effects of prudential regulatory policies on bank performance by
analyzing specific prudential regulation policy data for the Chinese banking industry. We …

This study presents a novel approach for identifying bunching in small, noisy data using the
cumulative distribution function (CDF). The proposed approach is based on the observation …

The research problem: In this article, we identify the hindering effect of industry monopolies
and insufficient regulation on China's data asset market. We underscore the necessity for a …

This paper provides causal evidence of the effects of the M&A market on target firms'
corporate policies. Using antitrust regulatory thresholds to directly link the probability of a …

Managerial influence on the Board of Directors induces an agency problem in the design of
executive compensation. I evaluate the role of shareholder voice in disciplining …

Using the introduction of an asset based two-tiered evaluation scheme in the 1995 CRA
reform, we examine the consequences of regulatory avoidance. Banks exploit the attribute …