previous research on the role of central banks as lenders of last resort in crises and on the real effects of bank lending and …

previous research on the role of central banks as lenders of last resort in crises and on the real effects of bank lending and …

we find that a bank’s balance sheet characteristics can help to forecast its systemic importance and, as a result, may be …

different combinations of bank asset and funding sources and assess their impact on the mortgage crisis. We then estimate how … distinct strategies have affected bank profitability and risk before the crisis, and what impact they have put on the mortgage …

The spectacular failure of the 150-year old investment bank Lehman Brothers on September 15th, 2008 was a major turning … limited to the largest financial firms; (ii) the most affected institutions were the surviving “non-bank” financial services …

lead to excessive risk-taking. We examine the relation between deposit insurance and bank risk and systemic fragility in … the years leading up to and during the recent financial crisis. We find that generous financial safety nets increase bank … risk and systemic fragility in the years leading up to the global financial crisis. However, during the crisis, bank risk …

the European Central Bank (ECB) and of the ESRB as far as macroprudential policy is concerned. In the conclusions, we …