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Branching Out: Capital Mobility and Long-Run Growth

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NBER2025-11-01 更新2025-11-15 收录
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https://www.nber.org/papers/w34457
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资源简介:
We study the long-run effects of the first wave of U.S. banking market integration on capital mobility and manufacturing productivity. Using newly digitized bank and branch balance sheet data matched to state and county panels, we provide direct evidence that branching produced lasting productivity
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2025-11-01
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