Outright bank failures without prior indication of financial instability are very rare. Supervisory authorities monitor … regarded as troubled to varying degrees before outright closure. But to our knowledge virtually all studies that predict bank … failures neglect the ordinal nature of bank distress. Exploiting the distress database of the Deutsche Bundesbank we …

makers and academics on the appropriateness and effectiveness of bank taxation in the light of the financial crisis. It … whether VAT should be extended to financial services. This comprehensive book offers an ethical perspective on bank taxation … and financial stability to complement the traditional political economy approach. It also considers how a bank levy or …