. Political indicators reveal bailout expectations after 2009, manifested as beliefs about the predicted probability of receiving … was lower, and loan rates were higher for banks with higher bailout expectations. The interest margins of unsupported …

This paper examines common regulation as cause of interbank contagion. Studies based on the correlation of bank assets … that banks have a common regulator. In our model, the failure of one bank can undermine the public's confidence in the … forbearance to the initially failing bank in the hope that it - and hence other vulnerable banks - survives. By contrast, public …

Using a unique dataset of the Euro area and the U.S. bank lending standards, we find that low (monetary policy) short … securitization activity, weak supervision for bank capital and too low for too long monetary policy rates. Conversely, low long …

natural experiment to study the effects of reduced bank capital adequacy on productivity. Affected banks respond not only by …

bank health and the consequences for aggregate productivity in 11 European countries. Controlling for cyclical effects, the … Europe may at least partly stem from bank forbearance. The increasing survival of zombie firms congests markets and … around one-third of the impact of zombie congestion on capital misallocation can be directly attributed to bank health and …

framework were more likely to require public support during the crisis. We instrument some characteristics of bank balance … sheets with these prudential indicators to investigate how they affect bank resilience. The share of non-interest income …

bank health and the consequences for aggregate productivity in 11 European countries. Controlling for cyclical effects, the … Europe may at least partly stem from bank forbearance. The increasing survival of zombie firms congests markets and … around one-third of the impact of zombie congestion on capital misallocation can be directly attributed to bank health and …

banks and to the expectation of bank support provided by the government. We assemble a unique dataset that links U.S. banks … regulatory or government institutions) to bank financial data, actual bank supervisory actions, and market-inferred expected … well as for the expectation of support regardless of bank distress. Several conditions increase the effectiveness of …

We provide evidence that the strength of the bank lending channel varies considerably across three major events in the … easing (QE). We study how lending responds to each shock using detailed bank, firm, and household data from Portugal, a … more effective than signalling events at stimulating the bank lending channel …