the role played by bank-level variables, banking sector features in each country, and the specific characteristics of the …/substitution effects of both bank- and portfolio-level variables with the characteristics of the banking sector when explaining credit risk …

in line with the economic conditions they face. Bank responses feed back to the macroeconomic environment affecting …

dimensionality reduction optimally, given the nature of our dataset which features a large number of dimensions for each bank ('fat …

framework were more likely to require public support during the crisis. We instrument some characteristics of bank balance … sheets with these prudential indicators to investigate how they affect bank resilience. The share of non-interest income …

In this paper, we construct a structural model to determine the costs of a bank rescue considering bail-outs and bail … abandon the bank. Given this trigger, the model also determines the bank rescue costs, the expected time to the bank rescue … and the bank rescue probabilities. A static analysis of our model produces several empirically testable hypotheses. The …

significance. Our results do not point to a major role of newly introduced bank levies in explaining cross-border banking …