, national banks raise overdraft fees relative to state-chartered banks in affected states. However, banks in affected states …

Banks hold liquid and illiquid assets. An illiquid bank that receives a liquidity shock sells assets to liquid banks in …

Banks face two different kinds of moral hazard problems: asset substitution by shareholders (e.g., making risky … risk in which all banks choose inefficiently high leverage to fund correlated assets and market discipline is compromised …

This paper investigates the incentives for banks to bias their internally generated risk estimates. We are able to … by low-capital banks to improve regulatory ratios. At the portfolio level, the difference in borrower probability of … credits. In addition, we find that low-capital banks' risk estimates have less explanatory power than those of high …

This paper empirically investigates banks' investment allocations over the recent business cycle. I identify … the pre-recession period, banks lend 38 percent of incremental deposits; however, during the downturn, banks favor liquid … assets and lending allocations fall to 22 percent. Banks with low risk tolerance or less access to liquidity are particularly …

Not very. We find that weather disasters over the last quarter century had insignificant or small effects on U.S. banks … offsets losses and actually boosts profits at larger banks. Local banks tend to avoid mortgage lending where floods are more …

network. We estimate that the impairment of any of the five most active U.S. banks will result in significant spillovers to … other banks, with 38 percent of the network affected on average. The impact varies and can be larger on particular days and … in geographies with concentrated banking markets. When banks respond to uncertainty by liquidity hoarding, the potential …

We examine liquidity creation per unit of assets by banks subject to the Liquidity Coverage Ratio (LCR) using the … asset pair with different LCR weights, and the differential implementation of LCR by the very large and less-large LCR banks …. We find that, since 2013, there has been reduced liquidity creation by LCR banks compared to non-LCR banks, occurring …