associated with bank soundness. Using data for over 3,000 banks in 86countries, we find that neither the overall index of BCP …

Banks may be unable to refinance short-term liabilities in case of solvency concerns. To manage this risk, banks can … complete insurance against small shocks, transparency covers also large shocks but imperfectly. Due to leverage, an unregulated … buffers can be imposed, transparency is not verifiable. Moreover, liquidity requirements can compromise banks' transparency …

Cyprus, Greece, Ireland, Portugal, and Spain, ranging from roughly 0.5% (Ireland) to a whopping 43% (Greece) of 2010 output …

Loan review is a process routinely used by banks to assess the current value of loan portfolios. Provisioning is a …

, where liquidity shortages of banks are revealed sequentially and governments cannot credibly commit to bailing out all … potentially distressed banks. Our findings suggest that allowing early bank failures and using available liquidity for credible … sound banks. Such a policy of late bailouts is likely to receive political support when a full bailout needs to be financed …

choices. We employ data on over 6,000 commercial loans from 53 large U.S. banks. Our results for low-risk firms are consistent …

This paper explains the continuing success of European cooperative banks through evolving comparative advantages. It …

Brazilian banks and show that this methodology has the potential to improve simulated transition probabilities as compared to …