a less efficient allocation of failed banks. Our results provide new insights into the bank resolution process and the …

) little susceptibility to manipulation; (iv) timeliness; (v) scalable from the individual bank to the system. We show how this …

that arises in case of resolution or bankruptcy. This net benefit, which may be capitalized into the value of the bank … distress despite increasing encumbrance of the bank's balance sheet. The benefit is maximized when resolution is initiated …

with bank-level data to study the contagion potential of an exogenous shock via credit and funding risks. We find that …-linear function of the combination of network structures and bank-specific characteristics …

orientation, pressures on funding models and entity structures could affect the efficiency of capital flows through the bank …

This paper reviews the empirical relationships between credit growth, economic recovery, and bank profitability in … underperformance. Bank lending has been subdued as well, but this appears to have only held back the recovery relatively moderately. A … 10 percent increase in bank credit to the private sector is associated with a rise of 0.6-1 percent in real GDP and 2 …

contract their balance sheets. These bank responses generate externalities that propagate in the form of macro … macro-financial feedback loops can significantly affect macroeconomic outcomes and bank-specific stress tests results. The … heterogeneity in bank lending responses matters: it determines how each bank fares under adverse conditions and the external effects …

We analyze how bank profitability impacts financial stability from both theoretical and empirical perspectives. We … first develop a theoretical model of the relationship between bank profitability and financial stability by exploring the … empirical determinants of bank risks and profitability, and how the level and the source of bank profitability affect risks for …

stable over the financial cycle, including post-crisis, and there isno clear evidence that aspects of bank business model …