This paper seeks to understand the interplay between banks, bank regulation, sovereign default risk and central bank … guarantees in a monetary union. I assume that banks can use sovereign bonds for repurchase agreements with a common central bank … cheaply, effectively shifting the risk of some of the potential sovereign default losses on the common central bank. …

banking crises. Recent findings show that government intervention results in only a small proportion of bank recoveries. This …

different combinations of bank asset and funding sources and assess their impact on the mortgage crisis. We then estimate how … distinct strategies have affected bank profitability and risk before the crisis, and what impact they have put on the mortgage …

This paper aims to answer the following question: what is (are) the cause(s) of the severe reduction in bank credits in … period an ultra–expansionary monetary policy has been implemented by the Bank of Japan. A theoretical lending–supply model is …

This paper models the strategic interaction between a rating agency, a bank and a bank regulator who lacks information … about bank asset risk. The regulator can either (1) make bank capital requirements contingent on credit ratings; or (2) set … constrain high risk bank investment without simultaneously reducing overall investment volume. However, if collusion between the …

banking system took its first step at the end of 1990 when the newly established commercial bank Banca Comerciala Romana (BCR …) took over retail operations performed previously by the National Bank of Romania (NBR). Simultaneously some privately … unfriendly economic environment, the poor quality of bank managers and shareholders and cumbersome legal procedures led to an …

$100,000 to $250,000 per depositor and bank. For some banks, the amount of insured deposits increased significantly; for …

banking crises. Recent findings show that government intervention results in only a small proportion of bank recoveries. This …