create dependency between bank leverage and risk. Using a large international sample of banks this paper estimates the short … and long run effects of corporate income taxes (CIT) on bank capital structure and portfolio risk accounting for their ….8-1.4 percentage points in bank leverage and a 2-7-percentage point reduction in the average risk-weight of assets. While the estimated …

regressions on a dataset of 32,833 bank-year observations we find sizable long-run effects of CIT on leverage in the EU. Second …, we simulate the effect of tax reforms on bank losses using a Vasicek-based model with actual banks’ balance sheets to … estimate costs of systemic crises for six large EU member states. Even if the tax elasticity of bank leverage is taken at the …

Bank’s (2013) database covering various aspects of bank regulation. Using multiple explorative factor analysis, we …

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

this benefit. Finally, suggestions that high leverage serves a necessary disciplining role are based on inadequate theory … lacking empirical support. We conclude that bank equity is not socially expensive, and that high leverage at the levels …

required return of two-dimensional mortgages for borrowers and lenders with trade-off theory. We derived the optimum capital …

I evaluate a bank's incentives to implement a risk sensitive regulatory capital rule and to invest in improved risk …

This paper studies the impact of capital requirements, deposit insurance and tax benefits on a bank's capital structure …