generates a distribution of bank sizes arising from differences in banks' ability to generate revenue from loans and from …

-based pricing loans, suggesting that the decline in the cost of bank debt is explained, at least in part, by a reduction in … monitoring costs. Market-based pricing, therefore, besides reducing the cost of bank debt, may also have adverse consequences … resulting from the decline in bank monitoring. …

In the mid-2000s, federal bank regulatory agencies became alarmed by steadily increasing concentrations of commercial … of macroprudential regulation to have a significant and broad influence on bank behavior. …

Using a novel dataset on central bank interventions to financial institutions, we examine the impact of capital … compensation investors demand for being exposed to the risk of large correlated drops in bank stock prices. DCRP is calculated … using options that provide a hedge against large drops in the price of a bank index and its individual components. We find …

We formulate and test hypotheses about the role of bank type – small versus large, single-market versus multimarket … Survey of Small Business Finance (SSBF), we conduct two sets of tests. First, we test for the type of bank serving as the … "main" relationship bank for small businesses with different firm and owner characteristics. Second, we test for the …

introduction of liquidity regulations. These changes were motivated in part by the argument that central bank lending entails … institutions. Using examples from the recent crisis, we argue that central bank lending is the best response in the former …