-of-second-to-last-resort". Using daily supervisory bank balance sheet information, we find that U.S. GSIBs modestly increase their dollar liquidity … broker-dealer subsidiaries within the same bank holding company are crucial to this type of "reserve-draining" intermediation …

the Liquidity Coverage Ratio (LCR) regulation, which compare a bank's liquid assets to its loss of cash in a stress …

We develop and estimate a new model of endogenous growth in bank efficiency and firm productivity in which banks adopt …-good-producing entrepreneurs. In this framework, bank efficiency influences firm productivity by affecting agents' occupational choices, while firm … productivity affects bank efficiency through the relative price of capital goods. We find that increasing technology adoption in …

productivity and TFP, reduces bank and government subsidies, alleviates leverage and administrative expenses, improves liquidity …

widespread stress, with adverse affects on bank intermediation thereafter. We discuss the bank capital and the bank funding … conclude by discussing the increasing extension of bank credit lines to non-bank financial intermediaries, as well as the role …