requires assessing both efficiency and risk factors, so Laeven also introduces a measure of risk taking. This risk measure … foreign-owned - tended to be heavy risk takers. Most of them had excessive credit growth. - Laeven uses a linear programming … helps predict which banks were restructured after the crisis of 1997. Laeven finds that foreign-owned banks took little risk …

This paper studies the significant variation in the cross-section of standalone and systemic risk of large banks during … the recent financial crisis to identify bank specific factors that determine risk. We find that systemic risk grows with … capital on standalone bank risk. Our results contribute to the ongoing debate on the merits of imposing systemic risk …

We present evidence of a risk-taking channel of monetary policy for the U.S. banking system. We use confidential data … of business lending. We find that ex-ante risk taking by banks (measured by the risk rating of new loans) is negatively …