.Our analysis is based on weekly observations for the 858 white collar workers hired by a large Italian bank between January 1993 …

Limited liability and asymmetric information between an investment bank and its lenders provide an incentive for a bank …

mechanisms for bank risk-taking studied in a large partial equilibrium literature. We show that competitive equilibriums maximize … banks is higher than that of banks enjoying monopoly rents, and is robust to the introduction of social costs of bank … failures. In this model, there is no trade-off between bank competition and financial stability. -- general equilibrium ; bank …

This paper seeks to understand the interplay between banks, bank regulation, sovereign default risk and central bank … guarantees in a monetary union. I assume that banks can use sovereign bonds for repurchase agreements with a common central bank … cheaply, effectively shifting the risk of some of the potential sovereign default losses on the common central bank. …

the rest must resort to standard bank finance. We consider a number of policies to promote entrepreneurship and venture …