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 …

The proposed SDN documents the evolution of bank size and activities over the past 20 years. It discusses whether this … to which bank size and market-based activities contribute to systemic risk. The paper concludes with policy messages in …

more organizationally complex. Traditional bank regulation, which focuses on individual bank risk, may be insufficient for …

. A bank with higher capital has lesschance of breaching the ratio, so may actually take more risk. As a result, banks … stylized facts about pre-crisis bank behavior, and suggest implications for the optimal design of capital regulation. …

Traditional theory suggests that higher bank profitability (or franchise value) dissuades bank risk-taking. We … highlight an opposite effect: higher profitability loosens bank borrowing constraints. This enables profitable banks to take … risk on a larger scale, inducing risk-taking. This effect is more pronounced when bank leverage constraints are looser, or …