Economic theories posit that bank liability insurance is designed as serving the public interest by mitigating systemic … private interests of banks, bank borrowers, and depositors, potentially at the expense of the public interest. Empirical …-through subsidy targeted to particular classes of bank borrowers …

Countries around the world differ substantially in the relative importance of their banks and capital markets in … empirical evidence showing that countries with explicit deposit insurance and a high degree of state-owned bank assets have … smaller equity markets, a lower number of publicly traded firms and a smaller amount of bank credit to the private sector …

, their ownership structures, and national bank regulations. We focus on conflicts between bank managers and owners over risk …, and show that bank risk taking varies positively with the comparative power of shareholders within the corporate … governance structure of each bank. Moreover, we show that the relation between bank risk and capital regulations, deposit …

This paper suggests that the introduction of bank branching restrictions and federal deposit insurance in the United …

We propose a dynamic theory of banking where the role of deposits is akin to that of productive capital in the … classical Q-theory of investment for non-financial firms. As a key source of leverage, deposits create value for well … focus of static models on value destruction of deposit outflow and bank run. Our model predictions on bank valuation and …

temporary increase in the government protection of non-deposit liabilities and bank assets. In most cases, these guarantees have …

clears only at fire-sale prices following a large number of bank failures. The gains from acquiring assets at fire …-sale prices make it attractive for banks to hold liquid assets. We show that the resulting choice of bank liquidity is counter … crises may be desirable ex post. However, policies aimed at resolving crises affect ex-ante bank liquidity in subtle ways …

macroeconomic shocks, quality of bank regulations, and institutional development, we find that both private and public interests, as …

it imposes on the central bank as domestic lender of last resort, and the resulting exposure to dollar liquidity runs … reduce self-insurance costs while limiting bank losses in the event of a run …