empirical support. We conclude that bank equity is not socially expensive, and that high leverage at the levels allowed, for …

it reflects special liquidity benefits of bank debt. Even aside from neglecting the systemic damage to the economy that …

, wenn mal wieder eine Bank aus dem Ruder läuft ? Die Sparer und die Steuerzahler! Trotzdem schaff en es die Bankmanager …

because it reflects special liquidity benefits of bank debt. Even aside from neglecting the systemic damage to the economy …

supervisory practices, and there is a roughly equal division between those countries that rely on the central bank as the chief … bank or indirectly through a subsidiary of a bank, rather than through a holding company structure. The notable exceptions … illustrating a way in which empirical examinations of bank performance might be enriched by taking into account differences in …

from the most recent (2011-2012) World Bank survey on banking supervision and regulation. Key observations emerging from …