This paper analyzes the effect of the removal of government guarantees on bank risk taking. We exploit the removal of …

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 … share in the capital markets divisions with the strength of incentive pay in unrelated bank divisions like retail banking …

and study if the bank losses can be traced to the quality of bank governance. For this purpose, we examine the …” are then related directly to the magnitude of bank losses in the recent financial crisis. Our data confirms that … supervisory board (in-)competence in finance is related to losses in the financial crisis. Improved bank governance is therefore a …

taxes on bank wages. As the corporate tax may be borne by labor, a natural question to ask is whether the economic incidence … of foreign-source bank income is almost fully passed through to higher interest margins charged abroad. The result may …

results: Prices increase as firms face tighter credit constraints. An empirical analysis using Chinese bank loans data …

the central bank after a liquidity shock creates a new channel of policy transmission that leads to a sharp decrease in …