episodes of intensi fied (systemic) bank risk: specialization (capturing overexposures), differentiation (capturing indirect … nd that both individual and systemic bank risk decrease withspecialization. Indirect connectedness of banks is … particularly (and negatively) related to individual bank risk, whereas direct connectedness of banks is particularly (and …

part of a larger effort in the group to study the effects of bank privatization in developing countries …

inefficiencies, as the various distortions can offset each other. Empirical analysis using bank-level data from the recent crisis …

This paper documents large cross-country variation in the relationship between bank competition and bank stability and …

This paper documents large cross-country variation in the relationship between bank competition and bank stability and …

Central Bank, the general presumption in the policy discussions has been that there should be ‘Chinese walls' between the …

This paper uses matched bank-firm-level data and the 2014 depreciation of the euro to show that exchange rate … depreciations lead to increased bank loan supply of large banks with significant net foreign asset exposure. This increase in … exposure that have a higher share of exporting firms in their credit portfolio. We also find that German regions where these …

SME loans across foreign, private, and government-owned banks, even though different bank ownership types apply different …

Using matched bank-firm-level data and the 2014 depreciation of the euro, we show that exchange rate depreciations can … firms in their portfolio. We also find that German regions with such small banks experience higher output growth following …