We integrate Basel II (and III) regulations into the industrial organization approach to banking and analyze the … interaction between capital adequacy regulation and credit risk transfer with credit default swaps (CDS) including its effect on … at a certain (potentially distorted) price. Regulation is found to induce the risk-neutral bank to behave in a more risk …

The development of macroprudential policy tools has been one of the most significant changes in banking regulation in … recent years. In this multi-study initiative of the International Banking Research Network (IBRN), researchers from 15 … central banks and 2 international organizations use micro-banking data in conjunction with a novel dataset of prudential …

international banks, including the reasons for heterogeneity in transmission across banks. The International Banking Research …

German banking system that was both unexpected and exogenous. We examine banks' immediate reactions as well as their … liquidity tightened after the Lehman collapse but there is no evidence of fire sales in the German banking sector. Instead, we …

This study finds that equity returns in the banking sector in the wake of the Great Recession and the European … deteriorating funding conditions and investor sentiment. While the equity return performance in the banking sector has been dismal …

Over the past two decades, Germany experienced several periods of banking system instability rather than full …-blown banking system crises. In this paper we introduce a continuous and forward-looking stability indicator for the banking system … spillovers play a significant role across all banking sectors, regional spillovers and the credit-to-GDP ratio are more important …

concern. The Basel Committee on Banking Supervision (2009) advises banks to use credit portfolio models with caution when … thus advance regulation. …