Bank balance sheet lending is commonly viewed as the predominant form of lending. We document and study two margins of … document the limits of the shadow bank substitution margin: shadow banks substitute for traditional—deposit-taking—banks in … quantitative consequences of several policies on lending volume and pricing, bank stability, and the distribution of consumer …

The first part of this paper provides a historical perspective on bank risks. Five-year moving average measures of … outside New York banks from 1950-1976.We use a carefully constructed series of bank balance sheet data to compute correlations … proposed in Sharpe (quot;Bank Capital Adequacy, Deposit Insurance and Security Values,quot; June 1978) to gain information …

We investigate the relationships of bank failures and balance sheet conditions with measures of proximity to different … forms of transportation in the United States over the period from 1830-1860. A series of hazard models and bank …. Specifically, railroads facilitated better information flows about banks that led to modifications in bank asset composition …

We study asset and debt characteristics of US bank holding companies. We show that financial institutions, especially …

increases a bank's likelihood of providing a loan. Companies may benefit from these relationships through more favorable loan …

through central bank purchases of privately held risky assets and their replacement by government debt, with a return that is … they are born. I show that a change in the asset composition of the central bank's balance sheet will change equilibrium … asset prices. Further, I prove that a policy in which the central bank stabilizes fluctuations in the stock market is Pareto …

capital requirements in a multi-period general equilibrium model of banking. We show that: (i) bank capital is costly because … of the unique liquidity services provided by demand deposits, so a bank regulator may optimally choose to have a risky … cost of bank capital, which determines whether bank shareholders will agree to meet capital requirements rather than exit …

This paper develops a model of bank asset and liability management, based on the idea that information problems make it …' financing constraints and thereby leads to a cutback in bank lending -- this is the 'bank lending channel' in action. However …

-of-last-resort function. This activity arose endogenously in certain banking systems. Depositors lack full information about the value of bank … under which the industrial organization of banking leads to incentive compatible state contingent bank coalition formation …. Such coalitions issue money that is a kind of deposit insurance and examine and supervise banks. Bank coalitions of small …

discount rate - a measure reflecting the bank's opportunity cost of money holdings. For most banks the model's prediction …