Peng, Zhenfeng; Yang, Wenhan - 2023
This study examines the long-term impact of the TARP bailout on bank risk-taking. Using data from 2005 to 2014, our … effects on bank liquidity provision since liquidity provision is closely related to risk-taking. The effect pattern is similar … to that in risk-taking. We further show that loan issuance is a channel behind the TARP effect on bank risk-taking. The …