I study how bank failures and financial distress propagate through the spatial network of bank branches to affect local economies. My research combines insights from banking, spatial economics, and corporate finance to understand the real economic consequences of financial instability. I am currently on the job market for the 2026-2027 academic year.
My research agenda focuses on understanding how distress in the banking sector transmits to the real economy through the spatial network of bank branches. I combine insights from banking, spatial economics, and corporate finance to examine how local communities are affected when banks they depend on experience financial difficulties. My work uses administrative data on bank failures, stress tests, and branch networks to identify causal transmission mechanisms. My job market paper, "Failure in the Margins," examines how local economies are affected by the failure of non-local banks that operate branches in their area. I'm particularly interested in exploring how stress testing frameworks and bank consolidation shape the spatial distribution of credit supply.
This job market paper examines how local economies are affected when non-local banks with branches in their area fail. Using FDIC data on US bank failures, I identify the impact on credit availability and real economic outcomes through spatial branch networks.
This paper examines how stress test results for bank holding companies transmit through their branch networks to affect local lending and real economic outcomes. I use novel data linking stress test results to branch-level outcomes.
Email: sam.deegan@ucdconnect.ie
Phone: (+353) 087 344 8748
Office: Geary Institute of Public Policy, University College Dublin, Dublin 4, Ireland