between bank lending specialization and bank performance and stability in an international sample. Theory suggests that banks …-section of banks and countries over the period 2002 to 2011, this paper is the first to empirically gauge the relationship … exposures, while not leading to higher returns. The paper also documents important time, cross-bank, and cross-county variation …

between bank lending specialization and bank performance and stability in an international sample. Theory suggests that banks …-section of banks and countries over the period 2002 to 2011, this paper is the first to empirically gauge the relationship … exposures, while not leading to higher returns. The paper also documents important time, cross-bank, and cross-county variation …

between bank lending specialization and bank performance and stability in an international sample. Theory suggests that banks …-section of banks and countries over the period 2002 to 2011, this paper is the first to empirically gauge the relationship … exposures, while not leading to higher returns. The paper also documents important time, cross-bank, and cross-county variation …

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 …We propose a novel technique to measure three aspects of banks' sectoral concentration that feature prominently in …

depreciations lead to increased bank loan supply of large banks with significant net foreign asset exposure. This increase in …This paper uses matched bank-firm-level data and the 2014 depreciation of the euro to show that exchange rate … lending can be explained by a shift in credit towards both export-intensive firms and small banks without foreign asset …