We use a unique data set that comprises each bank's bids in the Eurosystem's main refinancing operations and its … recourse to the LOLR facility (a) to derive banks' willingness-to-pay for liquidity through a one-week repo and (b) to show … that a bank's willingness-to-pay is a good indicator for the probability that this bank draws on the LOLR facility. Our …

financial institutions. First, we establish that age, gender, and education jointly affect the variability of bank performance …

deteriorating funding conditions and investor sentiment. While the equity return performance in the banking sector has been dismal … in general, better capitalized and less leveraged banks have outperformed their peers, a finding that supports … policymakers' efforts to strengthen bank capitalization. …