Systemic risk now occupies centre stage in discussions of bank regulatory reform. Systemic risk is often seen as a …

Systemic risk now occupies centre stage in discussions of bank regulatory reform. Systemic risk is often seen as a …

volatility of growth and profitability are bank-size dependent, and (iii) the relationship between growth and profitability of a … bank. Using a dynamic panel model estimated by GMM for a mixed sample of more than 1500 banks from 65 countries, we find no … evidence of persistence in bank growth. However, our findings suggest significant persistence in bank profitability. Moreover …

factors. We account for interdependencies between sovereign and bank CDS spreads and we derive generalised impulse response … or country-specific bank index to other sovereign or bank CDSs between October 2009 and July 2012. Channels of …

disciplining role are based on inadequate theory lacking empirical support. We conclude that bank equity is not socially expensive …

Europe’s financial structure has become strongly bank-based – far more so than in other economies. We document that an … paper concludes by discussing policy solutions to Europe’s “bank bias”, which include reducing regulatory favouritism …