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

of suggestions for bank regulators on how to effectively align capital requirements with the actual term structure of …

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

The global financial crisis led to discussion of corrective bank taxes to promote financial stability. This paper …

channel, one bank's capital policy affects the equity value and risk of default of other banks. In a model where such … externalities are strong, bank capital takes on the attribute of a public good, where the private equilibrium features excessive … implications of the model with observed bank behavior during the crisis of 2007-09 …

I identify issues that bank regulators need to consider if fair value accounting is used for determining bank … issues for bank regulators, I briefly review capital market studies that examine the usefulness of fair value accounting to … creditors when making investment decisions, and to ensure bank managers have incentives to select investments that maximise …

-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 … leverage choices are socially inefficient, providing scope for a welfare-enhancing CR that imposes a cap on bank leverage. The …

Bank capital ratios have increased steadily since the financial crisis. For a sample of 94 large banks from advanced … ratios and stronger profitability were able to expand lending more …

to idiosyncratic factors. In particular, the bank-specific credit growth rates - usually thought of as a measure of …