highlight weak macro-economic conditions, lax bank supervision and individual bank weakness as the key factors …

From the onset of the 2007-2009 crisis, the Federal Reserve and the European Central Bank have aggressively lowered … has partial control over bank regulation it can exercise regulatory lenience. Two, the Fed's stronger output orientation …

estimated while controlling for the macroeconomic environment. An increase in bank' balance sheet risk is shown to increase the …

Loan guarantees represent a form of government intervention to support bank lending. However, their use raises concerns … as to their effect on bank risk-taking incentives. In a model of •nancial fragility that incorporates bank capital and a … bank incentive problem, we show that loan guarantees reduce depositor runs and improve bank underwriting standards, except …

This paper addresses the trade-off between additional loss-absorbing capacity and potentially higher bank risk …

regulatory reform which took place in Italy in 2012, i.e., the introduction of “minibonds”, which opened a new market … bank credit conditions for issuer firms, both at the firm-bank and firm level. We compare new loans granted to issuer firms … bank loans of the same maturity than non-issuer firms, suggesting an improvement in their bargaining power with banks. In …