inclusion (together with some control variables) on some measures of financial stability, including bank non-performing loans … and bank Z-scores. We find some evidence that an increased share of lending to small and medium-sized enterprises (SMEs …

various recent global financial reforms, including Basel III capital adequacy and liquidity rules. Part one reviews the … regulations, including liquidity standards and rules for over-the-counter (OTC) derivatives, could have stunting effects on …