bias in corporate taxation. It is well known that this reform reduces bank leverage. This paper analyzes a novel …

about the pass-through of monetary policy. On the one hand, negative rates could lead to declining bank profitability making … interest rates per se. This paper uses a large micro level data set of the German bank universe to examine how banks behave in … this uncharted territory. The evidence found suggests that bank’s business model, i.e. the share of overnight deposits …

Using evidence from Russia, we explore the effect of the introduction of deposit insurance on bank risk. Drawing on …

volatility of growth and profitability are bank-size dependent, and (iii) the relationship between growth and profitability of a … bank. Using a dynamic panel model estimated by GMM for a mixed sample of more than 1500 banks from 65 countries, we find no … evidence of persistence in bank growth. However, our findings suggest significant persistence in bank profitability. Moreover …

the public, long-term systemic risk among banks tends to increase. From the dynamic perspective, bank penalties represent … long-term. In this respect, bank penalties resemble still waters that run deep. In contrast, a settlement with regulatory …

How much deposits and equity a bank has influences how a banks’ lending responds to monetary policy. While the … responsiveness for the bank lending channel has been well established, this is not the case for the risk-taking channel (RTC). We …

address the following questions. How are macroeconomic shocks transmitted to bank risk and other banking variables? What are … the sources of bank heterogeneity, and what explains differences in individual banks' responses to macroeconomic shocks …? Our paper has two main findings: (i) Average bank risk declines, and average bank lending increases following expansionary …

We adapt structural models of default risk to take into account the special nature of bank assets. The usual assumption … of log-normally distributed asset values is not appropriate for banks. Typical bank assets are risky debt claims, which … consequences for banks' risk dynamics and distance to default estimation. Due to the payoff non-linearity, bank asset volatility …