Financial crises are associated with reduced volumes and extreme levels of rates for term inter-bank transactions, such … leveraged banks’ precautionary demand for liquidity. When adverse asset shocks materialize, a bank’s ability to roll over debt … is impaired because of agency problems associated with high leverage. In turn, a bank’s propensity to hoard liquidity is …

channel, we perform an empirical analysis of Russian bank liquidity in 1994 on the basis of bank data. The paper concludes …

This paper investigates whether the new Basel Accord will induce a change in bank lending to emerging markets using a …

) focus and diversification using a unique data set that is able to identify individual bank loan exposures to different … deterioration in bank monitoring quality at high levels of risk and a deterioration in bank monitoring quality upon lending … expansion into newer or competitive industries. We find that industrial loan diversification reduces bank return while …

We use payroll data on 1.2 million bank employee years in the Austrian, German, and Swiss banking sector to identify … document an economically significant correlation of incentive pay with both the level and volatility of bank trading income … bonus share in the capital markets divisions with the strength of incentive pay in unrelated bank divisions like retail …

Shocks to bank lending, risk-taking and securitization activities that are orthogonal to real economy and monetary … type of shock. Expansionary securitization shocks lead to a permanent rise in real GDP and a fall in inflation. Bank … using a model of bank risk-taking and securitization. …

creditors’ runs. We find that the principal lender, ‘the bank’, makes few concessions to the borrower and that there is a … virtual absence of debt forgiveness. Finally, the bank relies heavily on the highly collateralized value of its loan in making …

In this Paper, we examine bank lending decisions in an economy with spillover effects in the creation of new investment … one bank does set a lower interest rate to capture a larger market, it may simultaneously reduce its lending. Our results … suggest that volatility and unpredictability in bank lending capacities may be a key indicator of various adverse outcomes in …