Pepper Culpepper, Blavatnik Chair in Government and Public Policy, published a new paper on the European banking union and the structural power of large banks.

Written in collaboration with Tobias Tesche, "Death in Veneto? European banking union and the structural power of large banks" is available on the Journal of Economic Policy Reform. In it, the authors argue that the evolving preferences and power resources of large cross-border banks help explain the crucial political moves to European banking union.