the interbank market. Using a simple network structure, it shows that if there is a non-zero bailout probability, banks …

time series and the cross section. TSIZE-implied subsidies increase around the bailout of Continental Illinois in 1984 and …

welfare. -- bailout ; contagion ; financial crisis ; international institutional arrangements …

called bailout of the banking system. Whatever its merits, it was, for the most part, unpopular with the American public …, addressing the public's misgivings about the bailout, asserted that they were wrestling with difficult issues such as fairness … and actually quite simple. In this article, we construct a model to analyze the bailout vote of each legislator. A simple …

in the form of the Bank Recovery and Resolution Directive. The paper discusses the anti-bailout objective of the two …

liquidity provided by the government bailout reduced the cost of equity for recipient banks, especially for those banks that … repaid their bailout funds in full. The decrease in the cost of equity is particularly significant for banks with high market … important implications for the assessment of government bailout programs and future regulation of financial institutions …