insurance. Banks collect deposits and issue equity to extend defaultable loans to clean and fossil energy firms. Bank capital …, differentiated capital requirements are only necessary if banks are not perfectly diversified across sectors. Fourth, nominal …

This paper studies the impact of bank regulation and taxation in a dynamic model where banks are exposed to credit and …

consider these factors when quantifying banks' recapitalization effects and consequent changes in banks' lending decisions to …

seeks to control the amount of tail risk that large banks take in their trading books. However, banks around the world … whether the Basel framework allows banks to take substantive tail risk in their trading books without a capital requirement … allows banks to do so. Hence, our paper supports the view that the Basel framework leaves room for considerable improvements …

. Using data from the syndicated loan market, we exploit variation in banks’ reliance on wholesale funding and their … bank credit. We find that banks with strong balance sheets were better able to maintain lending during the crisis. In … particular, banks that were ex ante more dependent on market funding and had lower structural liquidity reduced the supply of …

bank runs, potentially unleashing a wave of investor pessimism that can drive otherwise solvent banks into illiquidity. We …

to dominate may be higher. Macroprudential policies that increase the demand for government bonds by banks directly lower …