. We formulate and test opposing hypotheses about these effects. Our findings are consistent with the Risk Management … credit risk. The findings do not support the Moral Hazard Hypothesis, in which these banks expand credit supply … – particularly to relatively risky borrowers that pay high spreads – increasing their risk. Results are generally stronger for safer …

We analyze comparative advantages/disadvantages of small and large banks in improving household sentiment regarding … advantages in boosting household sentiment. Findings are robust to instrumental variables and other econometric methods …

We analyze comparative advantages/disadvantages of small and large banks in improving household sentiment regarding … advantages in boosting household sentiment. Findings are robust to instrumental variables and other econometric methods …

Conventional wisdom in banking argues that diversification tends to reduce bank risk and improve performance, but the … recent financial crisis suggests that aggressive diversification strategies may have resulted in increased risk taking and … diversification strategies and the risk-return tradeoff in banking. Our data set covers Russian banks during the 1999-2006 period and …

U.S. banking organizations' exposure to climate risks with implications for risk management practices and supervisory …