We develop a new identification strategy to evaluate the impact of the geographic expansion of bank holding company … (BHC) assets across U.S. metropolitan statistical areas (MSAs) on BHC risk. We find that the geographic expansion of bank …

We provide a theoretical foundation for the claim that prolonged periods of easy monetary conditions increase bank risk … taking. The net effect of a monetary policy change on bank monitoring (an inverse measure of risk taking) depends on the … structures, a monetary easing leads to greater leverage and lower monitoring. However, if a bank's capital structure is fixed …

capitalization ratios of small US bank holding companies (BHCs) are substantially lower than the reported ratios. Empirical evidence … deductions for investments in minority-owned affiliates. These findings have important implications for the regulation of bank …

the recent financial crisis to identify bank specific factors that determine risk. We find that systemic risk grows with … bank size and is inversely related to bank capital, and this effect exists above and beyond the effect of bank size and … capital on standalone bank risk. Our results contribute to the ongoing debate on the merits of imposing systemic risk …

We develop a new identification strategy to evaluate the impact of the geographic expansion of bank holding company … (BHC) assets across U.S. metropolitan statistical areas (MSAs) on BHC risk. We find that the geographic expansion of bank …

We develop a new identification strategy to evaluate the impact of the geographic expansion of bank holding company … (BHC) assets across U.S. metropolitan statistical areas (MSAs) on BHC risk. We find that the geographic expansion of bank …

explain about two-thirds of the variation of bank capitalization over the business cycle. We estimate that provisioning …

transitioning to higher bank capital may be substantial, which calls for a careful timing of such transition …