Does an increase in competition increase or decrease bank stability? I exploit how the state-specific process of … significantly increases bank stability. This result is robust to the inclusion of additional fixed effects and other influences … loans and increases bank profitability. These findings suggest that competition increases stability as it improves bank …

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 …

dependencies arising from common risk factors, while recessions in real sectors due to bank defaults should be a secondary concern. …In this paper we study systemic risk for the US and Europe. We show that banks' exposures to common risk factors are … crucial for systemic risk. We come to this conclusion by first showing that relations between US and European banks are …

-specific variables. Data on regulation, supervision and monitoring variables, and activity restrictions are from the most recent Bank … Regulation and Supervision Survey database conducted by the World Bank, published 2012. Besides these we incorporate bank size … banks from 21 European Union countries for the post-crisis year 2010, controlling for bank-specific and country …

An extensive review of the evidence related to the 2007-09 crisis reveals that it was an insolvency risk crisis, not a … liquidity crisis. The appropriate post-crisis regulatory reform should therefore focus on increasing capital requirements. The … Basel III liquidity requirements do not serve a useful economic purpose in dealing with the root causes of the stresses that …

national liquidity requirements to proxy for banks' incentives to exploit this differential treatment of central bank eligible …We analyze the pledging behavior of Euro area banks during the introduction of the liquidity coverage ratio (LCR). The … LCR considers only a subset of central bank eligible assets and thereby offers banks an arbitrage opportunity to improve …

here primarily look at fiscal policy and sovereign risk perspectives, papers on the monetary policy and regulatory …