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 …

may threaten financial stability by increasing bank failures and by increasing the incentives for banks to take on more … financial stability and strengthen the banking system is to adopt a system of structured bank capital requirements with early …

of deposit insurance as a function of capital-asset ratio for a bank with demand liabilities and longer term, default …

bank risk taking, commercial bank failure, interest rates on loans, and market structure. We propose a market structure … addition to aggregate shocks to the fraction of performing loans in their portfolio. A nontrivial bank size distribution arises … consistent with untargeted business cycle properties, the bank lending channel, and empirical studies of the role of …

, eventually, greater reliance on liquidity support from the European Central Bank …

first comprehensive empirical analysis of bank CoCo issues, a market segment that comprises over 730 instruments totaling …

, 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 …

We study the crash of bank stock prices during the COVID-19 pandemic. We find evidence consistent with a "credit line …, even after policy measures were implemented. We conclude that bank provision of credit lines appears akin to writing deep … can be incorporated tractably into bank capital stress tests …