financial implications of such defaults for both households and banks. Results from a calibrated version of the model suggest …

The authors document leverage, capital and liquidity ratios of banks in Canada. These ratios are important indicators … of different types of risk with respect to a bank’s balance-sheet management. Particular attention is given to the … observations by different types of banks, including small banks that historically received less attention. In addition, the authors …

In an investigation of banks’ loan pricing policies in the United States over the past two decades, this study finds … supporting evidence for the bank risk-taking channel of monetary policy. We show that banks charge lower spreads when they lend … compared to periods of high short-term rates. The interest discount that banks offer riskier borrowers when short-term rates …

important additional indicators of distress of individual banks, or lack thereof than the CDSs. It therefore seems that central … banks should utilize high-frequency data on liquidity demand to obtain a better picture of financial health of individual …

systemic risk. Multivariate extreme value theory approach is used to estimate these measures. Using six big Canadian banks as … the proxy for Canadian banking sector, we apply these measures to identify systemically important banks in Canadian … evidence reveals that (i) the top three banks, RBC Financial Group, TD Bank Financial Group, and Scotiabank are more …

Banks reliance on short-term funding has increased over time. While an effective source of financing in good times, the … 2007 financial crisis has exposed the vulnerability of banks and ultimately firms to such a liability structure. The … authors show that banks that relied most on wholesale funding were the ones to contract its lending the most during the crisis …