We develop a model of banking industry dynamics to study the quantitative impact of
regulatory policies on bank risk‐taking and market structure. Since our model is matched to …

We develop a model of banking industry dynamics to study the quantitative impact of capital
requirements on equilibrium bank risk taking, commercial bank failure, interest rates on …

Over the last decade, financial consumer protection policies have attracted a lot of attention
among policy makers. However, empirical evidence on the impact of such policies on bank …

Propelled by the recent financial product innovations involving derivatives, securitization
and mortgages, commercial banks are becoming more complex, branching out into many …

Small-business financing after the financial crisis – lessons from the literature | Emerald Insight
Books and journals Case studies Expert Briefings Open Access Publish with us Advanced …

Different economic measures afford different ways of seeing processes of financialisation. In
the prototypical case of the US economy, the most compelling evidence of post‐1970s …

This paper studies the diffusion and impact of a cost-saving technological innovation—
Internet banking. Our theory characterizes the process through which the innovation is …

What is the role of financial sector competition for instability when the potential for run
behavior occurs with a non-trivial probability? How does the degree of fragility vary across …

This paper examines the potential effects of the Dodd–Frank Act of 2010 on banks'
noninterest expenses. Using data on US bank holding companies from 1995 through 2016 …

The effects of large banks on the real economy are theoretically ambiguous and politically
controversial. I identify quasi-exogenous increases in bank size in postwar Germany. I show …