a difference-in-difference setting in which private domestic banks serve as the treatment group and state and foreign …-owned banks, whose deposit insurance regime does not change, serve as a control group. …

between lender of last resort policy and incentives of private banks, determining the aggregate amount of liquidity available …. We show that imposing minimum liquidity standards for banks ex ante are a crucial requirement for sensible lender of last …Traditionally, aggregate liquidity shocks are modelled as exogenous events. Extending our previous work (Cao & Illing …

more willing to lend to SMEs. In this paper, we directly ask banks (the main providers of SME external finance) what … institutional framework play a role in banks' decisions. To do so, we use a unique survey of banks in Argentina and Chile, two … to shape banks' willingness to deal with SMEs. The paper shows that, despite alleged differences in the countries …

The current financial crisis has sparked intense debate about how weak banks should be resolved. Despite international … resolution methods in the US, UK and NZ. -- crisis resolution ; banks ; special resolution regime …

. There are two main results: First, if all banks have enough liquidity so that they can honor their short-term obligations, a … banks, a financial transactions tax contributes to financial distress and undoes other policy measures that are used to …

central bank's reaction to liquidity stress gives banks incentives to invest in excessive liquidity transformation, triggering … intermediaries' incentives for liquidity transformation are affected by the central bank's reaction to financial crisis. Anticipating … efficient outcome can be implemented by imposing ex ante liquidity requirements. …

of deregulation: in states that opened their banking markets to out-of-state banks earlier, house prices were more … sensitive to capital inflows. We provide evidence that global imbalances were a major positive funding shock for US wide banks …: different from local banks, these banks held a geographically diversified portfolio of mortgages which allowed them to tap the …