financial institutions. First, we establish that age, gender, and education jointly affect the variability of bank performance …

Conventional wisdom in banking argues that diversification tends to reduce bank risk and improve performance, but the … to benefit more from being diversified. This analysis provides important strategic and policy implications for bank …

may have increased during the crisis due to heightened awareness of the risks of bank failures. To address these issues …

Bank capital is an important determinant of secondary market liquidity of loans that a bank originates and syndicates …. Higher bank capital is associated with significantly narrower loan bid-ask spreads. This effect is stronger when banks are … to bank capital generated by housing market exposures and the 2012 JPMorgan ‘London Whale' incident are suggestive of …

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

We examine how bank efficiency during normal times affects survival, risk, and profitability during subsequent … times helps reduce bank failure probabilities, decrease risk, and enhance profitability during subsequent financial crises …

We investigate benefits to business borrowers from bank bailouts – specifically the Troubled Asset Relief Program (TARP … and policy debates on bank bailouts …

We find that bank liquidity creation (LC) is statistically and economically significantly positively related to real … economic output (GDP). This is robust to using instrumental variables and many robustness checks. LC also beats bank assets in … bank LC generates more GDP per dollar than large bank LC, but large bank LC matters more overall because large banks …