explore this question using data from an unexpected disclosure of partial lists of banks that secretly borrowed from the … banks included on the lists in comparison with banks left off the lists. However, stigma dissipated for banks that were … revealed earlier after subsequent banks were revealed. Overall, the results suggest that an emergency lending facility that …

higher incidence of failure as well as more costly failures. None of these patterns are present in commercial banks subject …

and run risk. Banks choose between liquid and illiquid assets on the asset side, and between deposits and equity on the …

We empirically document that banks with greater exposure to high home price-to-income ratio regions in 2005 and 2006 …-to-income ratios present a greater likelihood of house price correction, we find no evidence that banks managed this risk by building …

We empirically document that banks with greater exposure to high home price-to-income or price-to-rent ratio regions … that banks managed this risk by building stronger capital buffers. The bank level mortgage risk measures we develop could …

We study how competition between banks and non-banks affects lending standards. Banks have private information about … some borrowers and are subject to capital requirements to mitigate risk-taking incentives from deposit insurance. Non-banks … in bank capital requirements. Intuitively, higher capital requirements raise banks’ skin in the game and screening out …

We study the performance and behavior of Value at Risk (VaR) measures used by a number of large banks during and before … the banks' trading revenues and help to explain the bank VaR performance results. While highly conservative in the pre … exceedance clustering. Variance decompositions indicate a limited ability of the banks' VaR methodologies to adjust to the crisis …