estimation. The analysis allows to distinguish between rents that accrue due to single bank lending, rents that accrue due to …

We examine the dynamics of bank lending to the private sector for countries of the Euro area by applying a Markov …-movement with the development of the stock market. We interpret this as evidence for constraints in bank lending. In contrast, the …

relationship bank affects the incidence of forbearance lending and soft budget constraints by signaling its credit decision to … other creditors. We find that the relationship bank's signaling ability enhances its incentives to engage in forbearance …

to non-banks do not transform sight deposits into illiquid assets as intensively as savings banks with high shares of non-bank … how bank size and the individual bank's position in the interbank market affect liquid assets. …

behavior and risk sensitivity of a risk-neutral bank. The bank is exposed to credit risk and may use credit default swaps (CDS …) for hedging purposes. Regulation is found to induce the risk-neutral bank to behave in a more risk-sensitive way: Compared …. Under the Substitution Approach in Basel II (and III) a risk-neutral bank will over-, fully or under-hedge its total …

geographical regions measured by the Herfindahl Index. To explore this issue, we use a unique data set of the individual bank loan …

Ongoing financial innovation and greater information availability increase the tradability of bank assets and reduce … banks' dependence on individual bank managers as private information in the lending process declines. In this paper we argue … bank managers and shareholders becomes less severe. Consequently, banks' capital structure needs to be less concerned with …