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 …

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 …

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 …

This paper was presented at the Federal Reserve Bank of New York conference on Central Bank Liquidity Tools, February …

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

scenario with the largest estimates coming from the NGFS (2022a) disorderly transition scenario, where the average bank …

supporting evidence for the bank risk-taking channel of monetary policy. We show that banks charge lower spreads when they lend … are low is robust to borrower-,loan-, and bank-specific factors as well as to macroeconomic factors known to affect loan … rates. The discount is also robust to bank-firm fixed effects. Finally, our tests that build on the micro information banks …