, and capital is negative when adjusting for this. Capital is sufficient to back a low inflation target given that the … income position is supported by unremunerated reserve requirements. Capital is likely to increase over time, but only …

We study how investors account for the riskiness of banks' risk-weighted assets (RWA) by examining the determinants of …

structural liquidity positions in 2007Q2 to estimate the impact of exposure to market freezes during 2007–08 on the supply of … particular, banks that were ex-ante more dependent on market funding and had lower structural liquidity reduced the supply of … credit more than other banks. However, higher and better-quality capital mitigated this effect. Our results suggest that …

liquidity risk. We find an inverted U-shaped relationship between capital requirements and bank lending, efficiency, and welfare … lending, efficiency and welfare significantly. The costs of high capital and liquidity requirements represent a lower bound on …, with their benefits turning into costs beyond a certain requirement threshold. By contrast, liquidity requirements reduce …

institution’s credit worthiness and the return on its market value, and importantly, on the level and quality of capital … steps taken to increase resilience, notably higher capitalization. Our results suggest increased capital buffers may …

new measures of firm-level physical and intangible assets using accounting information on U.S. public firms. I find that …I study whether firms' reliance on intangible assets is an important determinant of financing constraints. I construct … firms with a higher share of intangible assets in total assets start smaller, grow faster, and have higher Tobin’s q …