This paper analyzes how different types of bank funding affect the extent to which banks ration credit to borrowers …

, and bank mortgages are intertwined in what we call a deadly embrace. Without macroprudential policies, this deadly embrace …

Better “financial soundness” of banks could help mitigate the volatility of financial cycles by reducing banks' risk … regulating changes in banks' FSIs …

The level of a bank‘s capitalization can effectively transmit information about its riskiness and therefore support … market discipline, but asymmetry information may induce exaggerated or distortionary behavior: banks may vie with one another … to signal confidence in their prospects by keeping capitalization low, and banks‘ creditors often cannot distinguish …

Despite revisions to bank capital standards, fundamental shortcomings remain: the rules for setting capital … system of capital regulation that addresses these needs by making changes to all three pillars of bank regulation: only …