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 …

This paper reviews an emerging experimental literature that uses laboratory methods to both
identify causes of the 2007–2009 financial crisis, and to assess the effectiveness of policies …

Although a seminal body of theoretical literature asserts that a key advantage of banks is
their ability to monitor borrowers, we are the first paper to empirically examine the theoretical …

We examine how community banks respond to liquidity shocks created by natural disasters.
We address community banks' responses to liquidity shocks due to their focused geographic …

Firm structure affects incentives and performance. We document significant differences in
subprime lending between banks and credit unions prior to and during the Great Recession …

Using monthly data from 1998 to 2020, we examine the relationship between equity returns
and oil prices employing a multi-factor asset model to a sample of 124 US regional banks …

Community banks (CBs), despite holding a fairly small share of US banking assets, provide
vital financial services to key segments of the economy and fill a void untapped by larger …

In the context of public deposit insurance organizational models, several interesting
questions arise: Why does China's Deposit Insurance Corporation consistently lean toward …

Europe's policymakers embarked on an ambitious experiment in institution building after the
last crisis–to make banks safer, to make financial markets more efficient, and to pool …

Bank crises have recently caught the attention of researchers in Africa because of the
growing number of cases and the potential for economic losses occasioned by the systemic …