Syndicated loans provide an exceptional opportunity to study differences in banks' approaches to measuring risk because … many of these loans are held by more than one bank. We study differences in banks' estimates of risk parameters used to …. In addition, we find a negative relation between banks' LGDs and their loan shares, suggesting that differences in risk …

by increasing the borrowers' default risk. The impact of EPU on banks' loan pricing remains persistent after controlling … for banks' own idiosyncratic default risk and the political risk variables from ICRG database. Results remain robust when …, our results suggest that government economic policy uncertainty is an economically important risk factor for banks' loan …