setup in the United States underscore the importance of enhancing systemic risk oversight and building effective …

.S. banking landscape, banking system assets represent only about 22 percent of total financial system assets. The systemic risk …

breakdown of interbank lending. This paper theoretically models how Knightian uncertainty over banks risk exposures may have … banks aggregate risk exposures. Based on 2) and 3), ex-ante and ex-post “transparency initiatives” are proposed. Their …

This paper studies how a bank’s diversification affects its own risk taking behavior and the risk taking of competing …, nondiversified banks. By combining theories of bank organization, market structure and risk taking, I show that greater geographic … this relationship as they indicate that a bank’s risk taking is lower when its competitors have a more diversified branch …

to measuring levels of risk aversion and ambiguity aversion (over both gains and losses). The authors then elicit … sanctions-and-rewards mechanism, it is important to consider individual attitudes toward risk and uncertainty. …

service value added, and it follows from a unified model of bank operation that integrates risk and the measurement of bank …

intermediation, and asset pricing. The primary contribution of the model is to demonstrate how one should account for risk when … measuring the value added of bank services. One key implication is that the risk-related return on the funds banks borrow and …