Einleitung -- Rechtlicher Rahmen und theoretische Grundlagen -- Empirische Untersuchungen -- Analysen und Auswirkungen - normunspezifisch -- Analysen und Auswirkungen - normspezifisch -- Indikatorenbasierende Untersuchung -- Schlussbetrachtung.

We develop an analysis of ex ante monitoring of risky projects in banking. If protected from competition, banks are more concerned about not catching good risk projects when the perceived state of the economy improves, while they are more concerned about being induced to finance bad risk...