What are the effects of payout restrictions on bank risk-shifting? To answer this question, we exploit the restriction … affect bank risk-shifting incentives. …

Economists have extensively analyzed the regulation of banks and the banking industry, but have devoted considerably … less attention to bank supervision as a distinct activity. Indeed, much of the banking literature has used the terms … "supervision" and "regulation" interchangeably. This paper provides a heuristic review of the economics literature on …

to be larger at banks more constrained ex ante by the leverage limit. Despite increased asset risk, overall bank risk … suggest that the recent recalibration will curb those incentives without necessarily increasing bank risk. …

firm incentives in a post-reform financial system. -- Financial regulatory reform ; corporate governance ; bank charter … ; bank insolvency …

Bank holding companies (BHCs) can be complex organizations, conducting multiple lines of business through many distinct … legal entities and across a range of geographies. While such complexity raises the costs of bank resolution when …, liquidity management, and synergy improvements that reduce risk. The outcomes of such trade-offs may depend on bank governance …

synthesize knowledge about the design and implementation of bank regulation and identify areas where more work is needed. We … present a simple framework for organizing the relevant ideas, namely the externalities that motivate bank regulation, the … work in these areas is that academic studies of bank regulation and accounting discretion require a more unified approach …

of bank regulatory capital. Our results show that following Basel I, undrawn fees and all-in-drawn credit spreads on …

efficient. Implications for welfare and regulation therefore depend highly on the nature of the shocks and the competitiveness …