in liquidity risk and expected liquidity needs for each bank and for the banking system. Large mergers tend to increase …

deregulation and harmonisation of banking laws at the EU level has brought about on growth over the last 40 years. Our main … harmonisation of banking legislation. Both policy changes affect growth even after controlling for other pro-growth policies …

the intermediation role of the banking sector. Estimating the encompassing model over the period January 1981 - September …

data limitations, we concentrate on three blocks of transmission: the banking, interest-rate and asset-market channels. We …

This paper uses the co-incidence of extreme shocks to banksu0092 risk to examine within country and across country … contagion among large EU banks. Banksu0092 risk is measured by the first difference of weekly distances to default and abnormal …

This paper discusses a wide range of indicators of the degree of integration of the euro area banking system. It is … paper offers three main empirical conclusions. First, within the euro area the gap between the cross-border banking activity …

The paper analyses the relationship between deposit insurance, debt-holder monitoring, and risk taking. In a stylised … banking model we show that deposit insurance may reduce moral hazard, if deposit insurance credibly leaves out non … debt holders. We further find that credible limits to the safety net reduce risk taking of smaller banks with low charter …

(Hamilton, 1997) is reversed, i.e., a liquidity drainage from the banking system may generate an overall decrease in the market …