Internet Appendix for 'Dynamic Bank Expansion: Spatial Growth, Financial Access, and Inequality'

129 Pages Posted: 22 Mar 2021 Last revised: 8 Nov 2022

See all articles by Yan Ji

Yan Ji

Hong Kong University of Science & Technology (HKUST)

Songyuan Teng

Yale University, Department of Economics, Students

Robert M. Townsend

Massachusetts Institute of Technology (MIT)

Date Written: November 7, 2022

Abstract

This is the supplemental material to the paper titled "Dynamic Bank Expansion: Spatial Growth, Financial Access, and Inequality." It includes additional empirical, theoretical, and quantitative results. It also includes illustration for the numerical algorithm for our model solution.

Keywords: financial inclusion, spatial equilibrium, regional heterogeneity, growth and inequality, transitional dynamics

JEL Classification: C54, E23, E44, F43, O11, O16, R11, R13

Suggested Citation

Ji, Yan and Teng, Songyuan and Townsend, Robert M., Internet Appendix for 'Dynamic Bank Expansion: Spatial Growth, Financial Access, and Inequality' (November 7, 2022). HKUST Business School Research Paper No. 2021-010, Available at SSRN: https://ssrn.com/abstract=3776160 or http://dx.doi.org/10.2139/ssrn.3776160

Yan Ji (Contact Author)

Hong Kong University of Science & Technology (HKUST) ( email )

Clearwater Bay
Kowloon, 999999
Hong Kong

Songyuan Teng

Yale University, Department of Economics, Students ( email )

28 Hillhouse Ave
New Haven, CT 06520-8268
United States

Robert M. Townsend

Massachusetts Institute of Technology (MIT) ( email )

77 Massachusetts Avenue
50 Memorial Drive
Cambridge, MA 02139-4307
United States

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