Financial Restructuring and Regional Economic Activity
分析了1980-82和1984-86年间217个都市区不同规模银行的成立、倒闭、扩张和收缩带来的就业变化与当地经济表现的关系，发现中型银行倒闭对经济活动有短暂负面影响。
An empirical analysis that links employment changes resulting from the birth, death, expansion, and contraction of various-sized banks with the local economic performance of 217 SMSAs over the 1980-82 and 1984-86 periods. Results suggest that the deaths of midsized banks have a negative, but short-lived, impact on economic activity.