Information Technology in Banking and Entrepreneurship

The authors thank their discussants Diana Bonfim, Marti Guasch, Daniil Kashkarov, Ralf Meisenzahl, Mikhael Paaso, Mitchell Petersen, Tarun Ramadorai, Glenn Schepens, Consuelo Silva, and Huan Tang, as well as Manuel Adelino, Nigel Chalk, Giovanni Dell’Ariccia, Jon Frost, Davide Malacrino, Andrea Presbitero, Anke Weber, and Wei Xiong for their insightful comments. The authors thank Chenxu Fu for excellent research assistance. The authors are grateful to seminar participants at the Santiago Finance Workshop 2022, FIRS, the Barcelona GSE Summer Forum, the 4th IMF Annual Macro-Financial Research Conference, the 2nd DC Junior Finance Conference, Midwest Finance Association Annual Conference, the Price College of Business Colloquium on The Peril & Promise of Artificial Intelligence for Corporations, International Network for Economic Research Conference, EFiC 2021 Conference in Banking and Corporate Finance, Corporate Finance Day at RSM, The Future of Growth Conference, the IBEFA session at ASSA 2022, EBA Policy Research Workshop, the IMF, University of Bonn, and University of Halle. The views expressed in the paper are those of the authors and do not necessarily represent the views of the Bank for International Settlements, the Board of Governors of the Federal Reserve, the European Central Bank, the IMF, its Executive Board, or its Management.