We combine recent findings from the empirical banking literature with established insights
from studies of banking competition and regulation. Motivated by modern theory of financial …

The author reviews the theoretical and empirical literature to examine the traditional
perception that the following trade-off exists between economic efficiency and stability in the …

We study the effect on loan conditions of geographical distance between firms, the lending
bank, and all other banks in the vicinity. For our study, we employ detailed contract …

The quiet life hypothesis posits that firms with market power incur inefficiencies rather than
reap monopolistic rents. We propose a simple adjustment to Lerner indices to account for …

This book provides a compendium to the empirical work investigating the hypotheses
generated by recent banking theory. Such a compendium is overdue. Since the publication …

Annotation American agriculture in the twentieth century has given the world one of its great
success stories, a paradigm of productivity and plenty. Yet the story has its dark side, from …

If the social relations and inherited configuration of production were at the core of economic
geography a decade ago, these aspects of the world are increasingly taken for granted. The …

Using unique, district-level, economic growth data, I investigate the connection between
banking sector development, human capital, and economic growth in Indian districts …

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 …

The deposit business differs at large versus small banks. We provide a parsimonious model
and extensive empirical evidence supporting the idea that much of the variation in deposit …