' regulatory capital on the transmission of monetary policy in a system of liquidity networks. The dynamic panel regression results … provide evidence in favor of the bank capital channel theory. Banks holding less regulatory capital and less interbank … liquidity react more restrictively to a monetary tightening than their peers. …

The aim of this paper is to assess how German savings banks adjust capital and risk under capital regulation. We … fewer restrictions with regard to the impact of regulation on capital and risk adjustments. Besides, we complement our … and risk adjustments depends on the amount of capital the bank holds in excess of the regulatory minimum (the so …

structure of a banking system with a realistic distribution of bank sizes, the necessity of establishing interbank credit … connections 3merges from idiosyncratic liquidity shocks. Banks initially choose potential trading partners randomly, but form … banks mediating between the liquidity needs of many smaller banks. Statistical analysis shows that this evolving interbank …

banks as providers of informational and of risk-diversification services. By eliminating exchange rate risks, the euro … enhances the incentives of banks to expand within Euroland. Yet, while the currency bias in bank portfolios will be eliminated … on the risk taking of banks. …

,300 mergers that took place between 1978 and 2001 to analyse the determinants of international bank mergers. We test the extent to … regulated environments are less likely to be the targets of international bank mergers. Hence, the lifting of regulations can … spur growth in cross-border bank mergers. Also, mergers tend to be less frequent if information costs are high. …

-up enterprises if he has sufficient expertise to make high-risk investments in new technology profitable in terms of their expected …