of RPE in a new sample of large international non-U.S. banks. Taken as a whole, the banks in our sample show moderate … evidence consistent with RPE. We report stronger evidence once we investigate the subsample of banks that disclose the use of …

This paper analyzes the influence of market discipline on the risk-taking incentives of banks. It is shown that market … discipline reduces risk if banks can credibly commit to a given level of risk before the interest rate on deposits is set. If … in risk. The reason is that rational depositors anticipate the banks' behavior and therefore ask for a higher risk …

encourage consumption, effecting over 100 million consumers. We use a unique dataset of credit cards transaction to study the …%, with large percentage increases in spending on children's clothes and shoes of 193% and 98% respectively. Consumers with … STH or cross-product substitution away from non-treated goods. Finally, we show that consumers from across state borders …

that banks require collateral from observably riskier borrowers (lender selection effect), while lower risk premiums arise …

, primarily by community banks. The survey evidence suggests that the use of credit scores in small business lending by community … banks is surprisingly widespread. Moreover, the scores employed tend to be the consumer credit scores of the small business …

acquiring banks value profitable, high-growth, and low-risk targets. We also find that the strength of bank regulation and … regimes and stronger deposit insurance schemes lower the takeover premiums paid by acquiring banks. This result, presumably in …

home country prudential supervisors and deposit insurance funding systems were stricter than the target's. For target banks …