have a funding advantage over small banks after controlling for bank-specific and market risk factors. Working with hand …

restrains competition in a duopolistic loan market. Blockholders may influence managers' output decisions by choosing capital …

this natural experiment to evaluate the consequences of bail out expectations for bank behavior using a difference in …

of different types of risk with respect to a bank’s balance-sheet management. Particular attention is given to the …

drawing useful lessons for regulatory reform. We argue that an important contributor to positive bank performance was a solid …

The author develops a theoretical model of bank closure. The regulatory decision about bank failure consists of two … efficient criterion. In the other case, a supervisor closes the bank while a deposit insurer resolves the closure on the basis … of least cost. The bank chooses the riskiness of its loan portfolio in response to the announced policy. The supervisor …

competition on stability may be manageable through prudential regulation. Neither extreme (perfect competition nor monopoly) is … regulatory policies that promote competition, a well-developed financial system, the effects of branch networks, and the effect …

The author develops a dynamic model of banking competition to determine which capital instrument is most effective in … incorporate charter value and competition for depositors into their risk-taking decision. The paper's main finding is that …