conditions, and the regulatory environment. We use this model to simulate bank credit losses for stress-testing purposes and to … that can be made to capture country-specific institutional features. The model uses bank portfolio data broken down by risk …

feedback effects to the real economy generated by bank failures. On a cross-section of countries, we find evidence that … suggests that bank supervisors' intervention in bank failures may be positively associated with some aspects of the …

We examine how bank competition in the run-up to the 2007-2009 crisis affects banks' systemic risk during the crisis …. We then investigate whether this effect is influenced by two key bank characteristics: securitization and bank capital …. Using a sample of the largest listed banks from 15 countries, we find that greater market power at the bank level and higher …

presents a market-based structural top-down stress testing methodology that relies in market-based measures of a bank …

Traditional bank competition policy seeks to balance efficiency with incentives to take risk. The main tools are rules … argue that bank competition policy should be reoriented to deal with the too-big-to-fail (TBTF) problem. It should also … seek to affect the degree of competition by focusing on market structure (i.e. concentration) may have limited effect. We …

, there is no trade-off between bank competition and stability, and bank competition fosters the willingness of banks to lend …) predicts a negative relationship between banks'' risk of failure and concentration, indicating a trade-off between competition … can predict a negative relationship between concentration and bank loan-to-asset ratios, and a nonmonotonic relationship …