first comprehensive empirical analysis of bank CoCo issues, a market segment that comprises over 730 instruments totaling …

in future states. When risks rise or risk management strengthens, a bank reallocates capital to the more efficient unit …

This paper investigates the bank lending-channel of monetary policy (MP) surprises. To identify the effects of MP … this high-frequency identification strategy to comprehensive and matched bank-firm data from Brazil. The results are robust … across financial intermediaries, e.g. bank capital, are relevant. Firms connected to stronger banks mitigate about one third …

This paper presents a general equilibrium model with a dynamic banking sector to characterize optimal size …-dependent bank capital regulation (CR). Bank leverage choices are subject to the risk-return trade-off: high leverage increases … expected return on capital, but also increases return variance and bank failure risk. Financial frictions imply that bank …

corresponding imperfect substitutability between private and commercial credit for the entrepreneur's relationship bank is then …

Bank capital ratios have increased steadily since the financial crisis. For a sample of 94 large banks from advanced …

How susceptible to contagion are bank deposits associated with financial inclusion? To shed light on this question, we … analyze the behavior of deposits of different account sizes around three significant bank closures in the Philippines. When we … large deposits at the town level, we find no evidence that the closure of a large bank leads to withdrawals by depositors at …