value and aggregate economic activity. We investigate whether and how bank governance, especially private vs. non …-private bank ownership, affects financial constraints of small and medium-sized enterprises (SMEs). We focus on SMEs because they … are more opaque, bank-dependent and riskier than large firms. Given the significant differences between private and non …

deterioration in a district’s bank health increases the probability that this district’s representative in the FOMC votes to ease … behavior is most pronounced for Bank presidents (as opposed to governors) and FOMC members who have career backgrounds in the …

with high locally non-diversifiable risks also benefit relatively more from deregulation in terms of higher bank stability …

with high locally non-diversifiable risks also benefit relatively more from deregulation in terms of higher bank stability …

increase their risk-based capital ratios after the hurricane, while those that are part of a bank holding company on average do …

-performing assets ratios, higher foreclosure ratios, lower returns on assets, and lower bank equity ratios. The effects are economically … relevant and suggest that insurance payments and public aid programs do not sufficiently protect bank borrowers against … financial difficulties. We also find that the adverse effects on bank stability dissolve after some years if no further …

foreclosure ratios, lower returns on assets and lower bank equity ratios. The effects are economically relevant and suggest that … insurance payments and public aid programs do not sufficiently protect bank borrowers against financial difficulties. We also … find that the adverse effects on bank stability dissolve after some years if no further disasters occur in the meantime. …

increase their risk-based capital ratios after the hurricane, while those part of a bank holding company do not. The effect on …

governmen-owned bank mergers. We compare forced to voluntary bank exits and show that the former cause better bank profitability … and efficiency at the expense of riskier financial profiles. Regarding real effects, firms exposed to forced bank mergers …