reforms on bank capital regulation that credibly incorporate market discipline into the regulatory process would increase the … the history of bank distress and assistance in the United States during the 1930's and examines in detail the role of the … way that it tried to align bank incentives to protect against abuse of government protection. Then, the paper contrasts …

process of interstate bank deregulation that lowered barriers to competition across U.S. states over the 1980s and 1990s with … facing each individual bank. We find that regulatory-induced competition reduced liquidity creation. Consistent with some …

hedge to fund drawn credit lines and other commitments. We shed new light on this issue by studying the behavior of bank …

macroeconomic and bank regulatory reform. Bank regulatory policy promoted privatization, financial liberalization, and free entry …. Argentina's bank regulatory system now is widely regarded as one of the two or three most successful among emerging market … discipline has played an important role in prudential regulation by encouraging proper risk management by banks. There is …

This paper suggests that the introduction of bank branching restrictions and federal deposit insurance in the United …

accounting for loan portfolios held to maturity. Marked-to-market bank assets have declined by an average of 10% across all the …-- unlike insured depositors, uninsured depositors stand to lose a part of their deposits if the bank fails, potentially giving … them incentives to run. A case study of the recently failed Silicon Valley Bank (SVB) is illustrative. 10 percent of banks …

their investors. We show the bank has to have a fragile capital structure, subject to bank runs, in order to perform these … functions. Far from being an aberration to be regulated away, the funding of illiquid loans by a bank with volatile demand … such as narrow banking and bank capital requirements …

implemented) can change the bank's incentives so that runs are less likely. Optimal regulation would not mimic these rules …We study a modification of the Diamond and Dybvig (1983) model in which the bank may hold a liquid asset, some … depositors see sunspots that could lead them to run, and all depositors have incomplete information about the bank's ability to …

We trace the origins of China's rapidly developing shadow banking sector to the adoption of stricter liquidity rules by … China and explain why these hypotheses cannot account for the origins of the system …

clears only at fire-sale prices following a large number of bank failures. The gains from acquiring assets at fire …-sale prices make it attractive for banks to hold liquid assets. We show that the resulting choice of bank liquidity is counter … crises may be desirable ex post. However, policies aimed at resolving crises affect ex-ante bank liquidity in subtle ways …