This Is AuburnElectronic Theses and Dissertations

Essays on Financial Institutions and Financial Stability




Sun, Yanfei

Type of Degree

PhD Dissertation




This dissertation is composed of three essays related to financial institutions and financial stability. The first essay constructs a measure of integration among global banks and examines its impact on bank insolvencies and bank crises. The second essay examines a special funding source, brokered deposits, from its history, regulation, types, and usage. The third essay investigates the concentration of payday lenders in a given county correlates to its regulatory environment, financial and demographic variables. Moreover, it examines the level of crime in a given county and assesses its relation to the presence of payday lenders.