Financial development and regional bank instability in the United States: An analysis of bank balance sheet structures
(2025)
Journal Article
Cheng, P. (2025). Financial development and regional bank instability in the United States: An analysis of bank balance sheet structures. Competition & Change, 29 (2), 183-203. https://doi.org/10.1177/10245294251314230
This article demonstrates that financial development in the United States has heightened the vulnerability of both sides of regional banks’ balance sheets to financial market fluctuations, drawing on the concept of financial circulation of bank depos... Read More about Financial development and regional bank instability in the United States: An analysis of bank balance sheet structures.