The real effects of U.S. banking deregulation
By Philip E. Strahan. 2003
257 citations recorded by the source corpus.
This paper summarizes the effects of deregulation of restrictions on bank entry and expansion on the real economy. The evidence suggests that following state-level deregulation of restrictions on branching, state economic growth accelerated. This better growth performance was especially pronounced in the entrepreneurial sector. In addition to faster growth, macroeconomic stability improved with interstate deregulation that allowed that banking system to integrate across state lines. This deregulation reduced the sensitivity of state economies to shocks to their own banks’ capital.
Subfields: Accounting, Economics and Econometrics, Finance
View Paper: https://www.semanticscholar.org/paper/36db79582183534472cf8f3e117e8c3522fef4a9
How researchers see this paper
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In Accounting
- Krishnamurthy Subramanian
- Sudheer Chava
- Alexander Oettl
- Ajay Subramanian
- S. Javadi
- M. Benlemlih
- Abdullah Al Masum
- X. Tian
In Economics and Econometrics
- Krishnamurthy Subramanian
- Sudheer Chava
- Alexander Oettl
- Ajay Subramanian
- S. Javadi
- M. Benlemlih
- Abdullah Al Masum
- X. Tian
In Finance
- Krishnamurthy Subramanian
- Sudheer Chava
- Alexander Oettl
- Ajay Subramanian
- S. Javadi
- M. Benlemlih
- Abdullah Al Masum
- Edith Ginglinger
Citations in the corpus
- Banking Deregulation and Innovation (2013, background): “Annual acquisition rates across states increased significantly (e.g., Strahan, 2002; Stiroh and Strahan, 2006).”
- Are US Industries Becoming More Concentrated (2019, unknown): “The concentration ratio, on the other hand, increased in the 1970s, but then declined in the 1980s, perhaps as a result of the deregulation wave (Borenstein, 1992; Winston, 1998; Strahan, 2003).”