In this paper we suggest a new approach to risk assessment for banks. Rather than looking at them individually we try … network of mutual credit obligations can make the actual risk exposure of banks invisible at the level of individual … stock market movements as well as shocks related to the business cycle. The feedback between individual banks and potential …

We analyze the impact of capital adequacy regulation on bank insolvency and aggregate investment. We develop a model of … the banking system that is characterized by the interaction of many heterogeneous banks with the real sector, interbank … credit relations as a consequence of bank liquidity management and an insolvency mechanism. This allows us to study the …

capitalized banks are more likely to increase loan volumes to ex-ante risky firms compared to more capitalized ones (Jimenez et al …

To protect retail investors from the bail-in rule, we propose that banks should issue subordinated "contractual bail … estimates of the amounts of contractual bail-in instruments that European banks should issue in order to reach the 8% target …

deterioration in the structural liquidity positions of Turkish banks, reflected as rising loanto-deposit ratios (LDR). Our results … puzzling observation from Turkish banking system. During 2015-2016, retail rates of Turkish banks displayed a persistent upward … show that in the presence of increasing pressures from worsening funding quality, banks with high LDRs tried to attract …

prices that banks pay for liquidity, captured here by borrowing rates in repos with the central bank and benchmarked by the … liquidity. We find that the price a bank pays for liquidity depends on the liquidity positions of other banks, as well as its … own. There is evidence that liquidity squeezes occasionally occur and short banks pay more the larger is the potential for …

Central banks responded with exceptional liquidity support during the financial crisis to prevent a systemic meltdown …. They broadened their tool kit and extended liquidity support to nonbanks and key financial markets. Many want central banks … breakdown in private shadow banking markets. Central banks should be especially concerned about providing liquidity support to …

the shadow banking system and the role of central banks in providing liquidity in a crisis. Recently, the concept of …Global liquidity provision is highly procyclical. The recent financial crisis has resulted in a flight to safety, with … severe strains in key funding markets leading central banks to employ highly unconventional policies to avoid a systemic …

monopoly and its impact on the note issuing chartered banks. Between 1935-1950, Canadian chartered banks had to gradually … withdraw their notes from circulation. In a difference-in-differences analysis, I show that chartered banks constrained by new … the longer horizon, suggesting that note issuance was an important source of revenue for private banks and allowed them to …