protection selling in CDS, the effect being weaker when sovereign risk is high. Bank and country risk variables are mostly not … building a complete picture and understanding fully the economic drivers of the bank-sovereign nexus of risk …

protection selling in CDS, the effect being weaker when sovereign risk is high. Bank and country risk variables are mostly not … building a complete picture and understanding fully the economic drivers of the bank-sovereign nexus of risk …

protection selling in CDS, the effect being weaker when sovereign risk is high. Bank and country risk variables are mostly not … building a complete picture and understanding fully the economic drivers of the bank-sovereign nexus of risk. …

The U.S. bank stress tests aim to improve financial system stability. However, they may also affect bank credit supply …

We provide evidence consistent with a “credit-line drawdown channel” to explain the large and persistent crash of bank … lending, even after stabilization policies and even if drawdowns were accompanied by deposit inflows. Bank provision of credit … incorporated tractably into bank capital stress tests …

, eventually, greater reliance on liquidity support from the European Central Bank …

We document that the deregulation of bank branching restrictions in the United States triggered a reallocation across … bank access to branching affects the sectoral specialization of output, in a manner that depends on the variance …

, precipitating a run on their short-term debt. We assess the effectiveness of different European Central Bank (ECB) interventions … potential buyer of last resort via the Outright Monetary Transaction program (OMT) significantly reduced the bank …