sovereign debt exposures and the implications of sovereign exposures for bank risk. Our main findings are as follows. First … impact of sovereign bond holdings on bank risk. This result could indicate the widespread absence of marking-to-market for …

implications of these exposures for bank risk. Larger, more capital market affine, and less capitalised banks hold more sovereign … that riskiness of government bond holdings affects bank risk only since 2010.This confirms the existence of a nexus between … government debt and bank risk. …

Most bank efficiency studies that use stochastic frontier analysis (SFA) employ each bank's own implicit input price …

The inability of most bank merger studies to control for hidden bailouts may lead to biased results. In this study, we … employ a unique data set of approximately 1,000 mergers to analyze the determinants of bank mergers. We use data on the …

German banks experienced a merger wave throughout the 1990s. However, the success of bank mergers remains a continuous …

different banks as being best or worst performers. Our main conclusion is that efficiency studies in general and bank efficiency …

parametric methods. Thus, the implicit assumption of serial independence of bank production in most methods has an important …