Big banks and macroeconomic outcomes
Bremus, Franziska, Buch, M. Claudia, Russ, Katheryn & Schnitzer, Monika. The regulation of big banks has been in the spotlight for many reasons. This column adds to the list. Examining evidence for more than 80 countries for the years 1995-2009, banking systems are shown to be highly concentrated. In many cases, the banks are so big that bank-specific credit-growth […]