decisions. In equilibrium, lending decisions, capital buffer and the probability of bank failure are endogenously determined …

This paper proposes that bank runs are unique equilibrium outcomes instead of self-fulfilling prophecies. By assuming … economy. A bank run would occur if and only if depositors perceive a low return on bank assets. Furthermore, a panic situation … offer a demand-deposit contract that is susceptive to bank runs …

property prices and bank lending. We develop a reduced-form theoretical model which suggests bank lending is closely related to … largely driven by the dynamic linkage between the commercial property sector, bank credit and the macroeconomy. Cross … expansion, rather than excessive bank lending boosting property prices. In addition, GDP has an important influence on both …

This paper investigates whether a bank regulator should terminate problem banks promptly or exercise forbearance. We …

banks in a range of industrialised economies, extending the existing micro literature on bank performance. Our results … suggest that commercial property prices tend to be positively associated with bank lending and profitability, and negatively … variables determining bank performance are included as controls. Further extensions show that the magnitude of this impact is …