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 …

would provide more insurance if based on lifetime instead of annual earnings. Requiring wealthy individuals to repay social … assistance received when younger would strengthen the insurance and redistributive functions of social assistance. …

case. We show that in an insurance context, being insured against losses that may be incurred in a real-effort task changes … subjects' self-confidence. Our novel experimental design allows us to disentangle selection into insurance from the effects of … uninsured subjects are underconfident while those that obtain insurance have well-calibrated beliefs. Our results suggest that …

lifetime tax reform linking annual taxes to previous employment could improve the system's insurance capabilities, albeit at …

We estimate a dynamic structural banking model to examine the interaction between risk-weighted capital adequacy and …