We study capital regulation in a dynamic model for bank deposits. Capital regulation addresses banks' incentive for … excessive leverage that dilutes depositors, but preserves some dilution to reduce bank defaults. We show theoretically that …

In 2023, US regulators proposed the "Basel Endgame," a long-awaited overhaul of bank capital requirements. The proposal … increase in capital requirements effectively killed the proposal. In this essay, we describe the purpose of bank capital and … the history of international standard-setting in bank regulation. We then highlight the most important aspects of the …

bank that can infuse liquidity cheaply may be motivated to intervene in the face of fire sales. If so, it can crowd out the …

Bank liquid asset holdings vary significantly across banks and through time. The determinants of liquid asset holdings …

locations of large-bank branches have demographics typically associated with greater financial sophistication, large-bank …

Bank payout policy is strongly affected by regulation and politics, especially for the largest banks. Banks, but not … the Global Financial Crisis, bank regulators' influence on payout policies of the largest banks increases sharply and …

influencing decarbonization. Moreover, decarbonization and green investment are tied to enhanced profitability through bank …

Bank branch density, defined as the number of bank branches to total deposits, has significantly declined over the past …