Carlson et al (2022) study the effects of banking competition on economic growth and financial stability in the US National Banking Era. Using a discontinuity in bank capital requirements, they find that lower entry barriers increase lending and growth, but also risk-taking. We reproduce and verify the original results, and perform various robustness checks. We show that the results are mostly stable, but sometimes sensitive to the sample selection procedure and the included control variables.
A comment on 'effects of banking competition'
Mandas, Marco;
2024-01-01
Abstract
Carlson et al (2022) study the effects of banking competition on economic growth and financial stability in the US National Banking Era. Using a discontinuity in bank capital requirements, they find that lower entry barriers increase lending and growth, but also risk-taking. We reproduce and verify the original results, and perform various robustness checks. We show that the results are mostly stable, but sometimes sensitive to the sample selection procedure and the included control variables.
File in questo prodotto:
Non ci sono file associati a questo prodotto.
I metadati presenti in IRIS UNICA sono rilasciati con licenza Creative Commons CC0 1.0 Universal, mentre i file delle pubblicazioni sono protetti da diritto d'autore, salvo diversa indicazione.
