-equations model that specifies the probability of a bailout and banks’ risk taking.We identify the effect of expected bailout …-2006. The marginal effect of risk with respect to bailout expectations is 7.2 basis points. A change of bailout expectations by … targeting bank management and, to a lesser extent, penalties mitigate moral hazard. Weak interventions, such as warnings, do not …

monetary policy actions and bank rescue measures have become increasingly intertwined. However, there are important differences …, not only between the EU and the United States (e.g. with regard to the involvement of the central bank), but also within … the EU (e.g. asset relief schemes). -- Bank rescue measures ; public crisis management …

market data on bank stocks in daily frequency. Considering debt service payments with different maturities this term …% during the same period. -- Banking crisis ; bank default ; option pricing theory ; compound option ; liability structure …

affect the likelihood and the timing of bank recovery. Severe regulatory measures increase both the likelihood of recovery … conditions also matter for bank recovery. Hence, concerted micro- and macro-prudential policies are key to facilitate distressed … bank recovery. -- Bank distress ; capital support ; regulation ; recovery …

carried out by the central bank (“Deutsche Bundesbank, BBK”) in cooperation with the Federal Financial Supervisory Authority …’s ordinal grading by a purely quantitative CAMEL covariate vector, which is standard in many bank rating models, and we also … include the bank inspector’s qualitative risk assessment into the model. We find that not only the quantitative CAMEL vector …

This paper analyses the role of bank-related constraints in explaining the sharp slowdown in bank lending to non … individual responses of the banks participating in the Eurosystem's Bank Lending Survey with the corresponding micro data on loan … quantities and prices. Our main finding is that bank-related supply and demand-side indicators were both important in explaining …