Cyclicality in the losses of bank loans is important for bank risk management. Because loans have a different risk … default rate and loss given default of bank loans share a cyclical component, related to the business cycle. We infer this …

Using a large dataset of firm-bank and ownership information for 23 European countries over 2008-2015, we study the … dynamics of bank relationships after corporate acquisitions and the effects of changing banks on firm performance. Foreign … help reduce the cost of financing. We further explore firm and bank heterogeneity and confirm cost of financing and …

competitive environment affect bank monitoring choices and the effectiveness of capital regulation? Our approach deviates from the …

How do near-zero interest rates affect bank competition, risk taking and regulation? I study these questions in a … insurance may induce excessive risk taking. The zero lower bound on deposit rates (ZLB) distorts bank competition and boosts …

This paper revisits the credit spread puzzle in bank CDS spreads from the perspective of information contagion. The … models to account for information spillovers based on bank business model similarities. To capture this channel, we propose … Eurozone. Incorporating the network information into the structural model for bank credit spreads increases explanatory power …

raise the question of how to choose the estimation sample. We employ a standard regression framework analyzing bank lending … urging questions on bank lending, e.g., in the presence of financial shocks or climate change. However, many data options …

internal rating based approach. The paper considers how a bank's preference for a risk management system is affected by the … presence of supervision by bank regulators. The model uses a principal-agent setting between a bank's owner and its risk … standard approach subsequent to becoming regulated, i.e., the presence of regulation may induce a bank to decrease the quality …