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

We model dynamic bank capital structure under three optimally-designed regulatory regimes dealing with potential …

Bank bailouts are not the "one-shot" events commonly described in the literature. These bailouts are instead dynamic …

We examine the effects of geographic deregulation on banks' cost of equity (COE) using changes in interstate bank …

We examine the effects of competition on bank risk. We find strong evidence that interstate banking deregulation … — which generally increases bank competition — is associated with lower bank risk and some evidence intrastate branching … increases bank risk. Further, interstate banking reduces bank risk more in sparsely populated states. Additional analyses …

Despite ample research demonstrating many consequences of bank geographic deregulation, the bank capital determinants … evidence that geographic deregulation significantly increases both bank target capital ratios and speeds of adjustment to these … ways, including a gravity-deregulation approach with time-varying bank-specific instruments. Findings are also robust to …

. While risk effects are well researched, impacts on bank output remain largely unexplored. We investigate bank output effects … using data from 75 countries on bank liquidity creation, a comprehensive bank output measure. We address reverse … findings suggest that home-country guarantees decrease subsidiary bank liquidity creation by as much as 15% …

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

We investigate the effects of bank powers – regulatory permissions to engage in nontraditional activities – on … liquidity creation, the most comprehensive measure of bank output. We find support for the empirical dominance of the synergies … view over the scope diseconomies view. Additional powers boost commercial bank liquidity creation in the same country, and …