Huizinga, Harry P.; Demirgüc-Kunt, A. - Tilburg University, Center for Economic Research - 2011
, and the extent to which it faces market discipline depend on both size measures. While absolute size presents banks with a … too-big-to-fail subsidies, we find that systemically large banks are subject to greater market discipline as evidenced by … larger countries have benefited. While market discipline through increasing funding costs should keep systemic size in check …