This paper examines the effects of taxation on the liability structure of banks. We derive testable predictions from a … financial crisis). We show that banks endogenously respond to a reduction in tax rates by reducing nondeposit liabilities more … bank: well-capitalized banks respond to a reduction in tax rates by increasing their assets, but poorly-capitalized banks …

channel, one bank's capital policy affects the equity value and risk of default of other banks. In a model where such …

strength and extraordinary sovereign support and provide an estimate of banks' creditworthiness. Thus, the impact of the …

present both in lending to banks and non-banks, and are strongest for lending flows to borrowers in advanced economies and to …

-border bank lending outflows from UK banks. Vice-versa, easier macroprudential policy amplifies impacts. The results are …

Since the mid-1990s, major Japanese banks have sold off a significant portion of their holdings of corporate equity …. Using information on the identity of Japanese firms' top 10 shareholders, this paper explores the process of banks' equity … disposal. There is some evidence that, after FY2001, banks' sales of equity accelerated, even holdings in firms for which the …