incentives, risk management models and procedures, conflicts of interest and bank strategies. Their perspectives are quite …

required. Academics and regulators conjectured that including sufficient cocos in a bank’s capital structure could … on bank and financial sector stability, risk-taking incentives, and corporate governance. I review this literature and …

The regulation of bank capital to improve the resilience of the financial system and, related to this aim, as a means …, regulators have imposed time-varying, bank-specific minimum capital requirements since Basel I. Over the 1998-2007 period, UK …

stylised central bank acting as lender of last resort. Using this model we address the tradeoff between stability and economic … the amount of information available to market participants on bank risks. …

increased bank capital requirements can reduce overall bank funding costs and increase bank lending. I quantify this mechanism …

created by unsound loan loss provisioning. This paper investigates how bank provisioning behaviour is related to the business … cycle, using 8,000 bank-year observations from 29 OECD countries over the past decade. Provisioning turns out to be …

application-, bank-, and firm-level data. Access to a dataset of loan applications in Spain that is matched with complete bank and … firm balance-sheet data covering the period from 2002 to 2010 allows us to identify bank and firm balancesheet channels. We … find robust evidence showing that bank balance-sheet strength determines the success of loan applications and the granting …