financial crisis of the 20th century - the Great Depression. Using balance-sheet and systemic risk measures at the bank level …, we build an econometric model with incidental truncation that jointly considers bank survival, the type of bank closure … (consolidations, absorption, and failures), and changes to bank risk. Despite roughly 9,000 bank closures, risk did not leave the …

exposure in bad times. We apply this idea to bank risk measurement. We find that banks with high accounting return on equity … triggered by the collapse of Silicon Valley Bank. ROE predicts systematic tail risk much better than conventional measures based …

We study time-consistent bank resolution mechanisms. When interventions are ex post efficient, a government cannot …

Global liquidity refers to the volumes of financial flows - largely intermediated through global banks and non-bank … regulatory agendas related to non-bank financial institutions …

effects of the monetary policies of the US Federal Reserve, the European Central Bank and of the People's Bank of China on the …

We study the corporate-loan pricing decisions of a major Greek bank during the Greek financial crisis. A unique aspect … of our dataset is that we observe both the interest rate and the "breakeven rate" of each loan, as computed by the bank …