ap- point independent directors on the board of an assisted bank that missed six dividend payments to the Treasury … – helped attenuate bailout-related moral hazard. Banks were averse to these appointments – the empirical distribution of missed … payments exhibits a sharp discontinuity at five. Director appointments by the Treasury led to improved bank performance, lower …

appoint independent directors on the board of an assisted bank that missed six dividend payments to the Treasury - helped … attenuate bailout-related moral hazard. Banks were averse to these appointments - the empirical distribution of missed payments … exhibits a sharp discontinuity at five. Director appointments by the Treasury led to improved bank performance, lower CEO pay …

This note discusses some issues in bank closure policy from a financial stability standpoint and how these issues have … evolved since we first raised the question of how a reputation-driven divergence of interests between bank regulators and … taxpayers may distort bank closure policy in our 1993 paper in The American Economic Review. Regulators now deploy a richer set …

customers who do not wish to be exposed to the bank's credit risk, trends in both formal and informal financing and how they … bank loans, and bank culture. These papers raise a host of interesting questions for future research …

Political influence on bank credit allocation is often viewed as being necessary to address social problems like income … inequality. We hypothesize that such influence affects bank governance and elicits bank capital responses. Our hypothesis yields … implications for the interaction between politics, household consumption and bank governance and risk through a specific channel …

customers who do not wish to be exposed to the bank's credit risk, trends in both formal and informal financing and how they … bank loans, and bank culture. These papers raise a host of interesting questions for future research …