-funded capital injections. However, on closer inspection the composition of bank capital shifted radically from one based on common …

how they are resolved. Our analysis sheds new light on the conflict between micro-prudential bank regulation and …

When a bank experiences a negative shock to its equity, one way to return to target leverage is to sell assets. If … asset sales occur at depressed prices, then one bank's sales may impact other banks with common exposures, resulting in … explains how the distribution of bank leverage and risk exposures contributes to a form of systemic risk. We compute bank …

We study information acquisition and dynamic withdrawal decisions when a spreading rumor exposes a solvent bank to a … run. Uncertainty about the bank's liquidity and potential failure motivates depositors who hear the rumor to acquire … additional noisy signals. Depositors with less informative signals may wait before gradually running on the bank, leading to an …

In this paper and the associated online database, we provide new data and measures of bank regulatory and supervisory … questions, including information on permissible bank activities, capital requirements, the powers of official supervisory … performance of banking systems. Since the underlying surveys are large and complex, we construct summary indices of key bank …

We present new stylized facts on bank and firm leverage for 2000-2009 using extensive internationally comparable micro …-financial firm and commercial bank before the crisis, but the picture was quite different for large commercial banks in the United …) banks in emerging markets with tighter bank regulation and stronger investor protection experienced significantly less …