systemic importance and its approximate scale-­free distribution; (ii) on the preeminence of credit institutions as the main …

For an international sample of banks, we construct measures of a bank’s absolute size and its systemic size defined as … size relative to the national economy. We then examine how a bank’s risk and return, its activity mix and funding strategy … that a bank’s interest cost tends to rise with its systemic size can also in part explain why a bank’s rate of return on …

reinforcing effects? The authors relate bank efficiency to shortfalls from a stochastic risk/return frontier. They analyze how … Turkish banks. The 2000 financial crisis was a wakeup call for bank efficiency and corporate governance. As a result, better … environments are more stable and bank products are more complex. …

In this paper we analyze whether discretionary lending increases bank risk. We use a panel dataset of matched bank and … or negative. Financially riskier borrowers with positive soft information are more likely to obtain credit from … transaction bank. These selection effects are stronger in more competitive markets, as predicted by theory. However, while …

create dependency between bank leverage and risk. Using a large international sample of banks this paper estimates the short … and long run effects of corporate income taxes (CIT) on bank capital structure and portfolio risk accounting for their ….8-1.4 percentage points in bank leverage and a 2-7-percentage point reduction in the average risk-weight of assets. While the estimated …

experiment to examine the effect of government guarantees on bank risk taking, using a large data set of matched bank …/borrower information. The results suggest that banks whose government guarantee was removed reduced credit risk by cutting off the riskiest … borrowers from credit. At the same time, the banks also increased interest rates on their remaining borrowers. The effects are …

impounded in bank share prices by exploiting differences in their sensitivity to credit default swap spreads of borrowers of …We propose a new method for measuring the quality of banks credit portfolios. This method makes use of information … varying quality. The method allows us to derive a credit risk indicator (CRI), which is the perceived share of high risk …

lead to bank contagion eroding at least 94% (45%) of the recipient countries’ banking assets. We also find that since 2006 …