of bank regulatory capital. Our results show that following Basel I, undrawn fees and all-in-drawn credit spreads on …

explaining banks' market values. In this paper we present a model of a bank with fixed-rate deposit insurance that faces … increasing competition that erodes its charter value. When under these conditions the bank chooses its capital to maximize …

explaining banks' market values. In this paper we present a model of a bank with fixed-rate deposit insurance that faces … increasing competition that erodes its charter value. When under these conditions the bank chooses its capital to maximize …

of bank regulatory capital. Our results show that following Basel I, undrawn fees and all-in-drawn credit spreads on …

estimate bank biases at the credit level by comparing bank-generated risk estimates within loan syndicates. The biases are … positively correlated with measures of regulatory capital, even in the presence of bank fixed effects, consistent with an effort … by low-capital banks to improve regulatory ratios. At the portfolio level, the difference in borrower probability of …

estimate bank biases at the credit-level by comparing bank generated risk estimates within loan syndicates. The biases are … positively correlated with measures of regulatory capital, even in the presence of bank fixed effects, consistent with an effort … by low-capital banks to improve regulatory ratios. At the portfolio level, the difference in borrower probability of …

the average bank. The authors show similar effects on net charge-offs and for U.S. banks only …

decline in loan maturity is bank driven. In line with this premise, we find that the slope of the loan yield curve becomes …

explain at most 60 percent of bank exposures estimated off general equilibrium models. Moreover, we find evidence of bank …