The primary purpose of this article is to investigate the relationship between bank capital and credit risk taking in … and legal environment in driving bank capitalization and credit risk taking behavior in emerging market economies. …

This paper evaluates bank exit regimes in selected financial centres using econometric methods. The focus is on bank … exit regimes applicable to commercial banks in New York, London, Frankfurt, Helsinki and Tokyo in 1998–2002. Bank exit … regimes are studied from the perspective of bank creditors and bank shareholders. In order to apply econometric methods, the …

fixed income unless the value of the bank’s assets falls below a predetermined threshold. In such an event, the debt … obligation is automatically converted to the bank’s common equities. By using a contingent claims valuation approach we present … bank that includes DES or alternatively subordinated debt in its capital structure. We compare and evaluate quantitatively …

The dollarization of bank deposits and credit is widespread in developing countries, resulting in varying degrees of …

by the state, discharged at first by the state bank issuing rediscounts to private banks. When the state bank became … currency board and the creation of a central bank in 1935, an institution that had no pretense of a nominal-anchor commitment … performance and financial- sector health. As one of its first substantive actions, the central bank engineered a bailout of the …

are robust. Among the robust causes of emerging-market banking crises are rapid domestic credit growth, large bank …