trade flows is due to actual bank integration following deregulation: based on instrumental variables estimates, we … calculate that an increase in bank integration from zero to 2.28%, the mean of the data, increases trade in the range of 15% to …

exogenous factors beyond the control of bank managers, however, information disclosure may increase banking sector fragility, as …

Bank liquidity is a crucial determinant of the severity of banking crises. In this paper, we consider the effect of … welfare question as to when there is too much or too little liquidity on bank balance sheets relative to the socially optimal …

This paper analyses cooperation among national supervisors in the decision to close a multinational bank. The …; (2) the more aligned national interests are, the higher is welfare resulting from the closure decision; (3) the bank can …

) focus and diversification using a unique data set that is able to identify individual bank loan exposures to different … deterioration in bank monitoring quality at high levels of risk and a deterioration in bank monitoring quality upon lending … expansion into newer or competitive industries. We find that industrial loan diversification reduces bank return while …

We model the impact of bank mergers on loan competition, reserve holdings and aggregate liquidity. A merger creates an … the interbank market. We assess changes in liquidity needs for each bank and for the banking system as a whole, and relate … liquidity provision in monetary operations by the central bank. Fiercer loan market competition seems to be beneficial for …

credit bureaus and public credit registers. We find that bank lending is higher and proxies for default rates are lower in …