We analyze how time-varying bank-specific capital requirements a ect banks' balance sheet adjustments as well as bank … lending to the non-financial corporate sector. To do so, we relate Pillar 2 capital requirements to bank balance sheet data, a … examine how time-varying bank-specific capital requirements affect banks' balance sheet composition. Subsequently, we …

their interbank exposures. The micro-founded framework allows inter alia for endogenous bank defaults and bank capital … requirements. In addition, we introduce a central bank who intervenes directly in the interbank market through liquidity injections … the remaining structures show a non-negligible shock propagation mechanism. Finally, we show that central bank …

This paper studies the impact of bank mergers on firm-bank lending relationships using information from individual loan … contracts in Belgium. We analyse the effects of bank mergers on the probability of borrowers maintaining their lending … relationships and on their ability to continue tapping bank credit. The environment reflects a number of interesting features: high …

A model of loan rate competition with liquidity provision by banks is used to study bank mergers. Both loan rate … of bank mergers. As such, we contrast the effects of "revenue base enhancing" mergers with the effects of mergers "for … stability and efficiency is often present, indicating that the approval of bank mergers induces difficult policy choices. …

Traditionally, financial systems have been bank-based or market-based. The efficiency properties of these systems are …, and law, finance and politics. Both systems have advantages and disadvantages. With regard to stability, both bank …

accounting for differences in observed bank characteristics. This downward bias does not seem to be explained by the fact that …

Assessing the impacts of bank mergers on small firms requires separating borrowers with single versus multiple banking …-relationship borrowers who "switch" to another bank following a merger will be less harmed than those whose relationship is "dropped" and not … to be dropped. We track post-merger performance and show that many dropped target-bank borrowers are harmed by the merger …