If stable and efficient banks are such a good idea, why are they so rare? -- The game of bank bargains -- Tools of … colonial times to 1990 -- The new U.S. bank bargain : megabanks, urban activists, and the erosion of mortgage standards … -- Leverage, regulatory failure, and the subprime crisis -- Durable partners : politics and banking in Canada -- Mexico : chaos …

competitor banks for any given bank, and analyze the impact of this variable on banks’ risk-taking behavior, using a large sample … bank bail-outs on banks' risk-taking behavior. -- Government bail-out ; implicit and explicit government guarantees … ; banking competition ; risk-taking …

competitor banks for any given bank, and analyze the impact of this variable on banks' risk-taking behavior, using a large sample … increase the protected banks' risk-taking. These results have important implications for the effects of the recent wave of bank …

taking place for retail banking. Data on cross-border retail bank flows, cross-border bank mergers and the law of one price … reveal no evidence of integration in retail banking. This paper shows that the previous tests of bank integration are weak in … that they are not based on an equilibrium concept and are neither necessary nor sufficient statistics for bank integration …

We consider a spatial model of bank competition to study how the diffusion of information technology affects …/screening costs. If so, then bank competition intensifies, which reduces bank stability and brings about an ambiguous welfare effect … competition in the lending market, stability of the banking sector, and social welfare. We find that the effects of an improvement …

competition and stability in banking. There are two basic channels through which competition may increase instability: by … incentives to take risk and raise failure probabilities. The competition-stability trade-off is characterized and the … implications of the analysis for regulation and competition policy are derived. It is found that optimal regulation may depend on …