Search Results

Showing results 1 to 1 of approximately 1.

(refine search)
SORT BY: PREVIOUS / NEXT
Keywords:bank capital regulation 

Working Paper
Bank Capital Pressures, Loan Substitutability, and Nonfinancial Employment

We exploit the cross-state, cross-time variation in bank tangible capital ratios-brought about by bank branch deregulation on a state-by-state basis-to identify the effects of bank capital pressures on employment and firm dynamics during two waves of changes in bank capital regulation. We show that stronger capital pressures temporarily slowed down growth in employment in industries that depend on external finance, retarding growth in the average size of firms rather than in the number of firms. Such effects were particularly strong for smaller firms that may not have had access to national ...
International Finance Discussion Papers , Paper 1161

FILTER BY Content Type

FILTER BY Author

FILTER BY Jel Classification

G21 1 items

G28 1 items

G30 1 items

J20 1 items

L25 1 items

PREVIOUS / NEXT