financial stability. Our analysis suggests that, going into the financial crisis, banks' disclosures about relevant risk … exposures were relatively sparse. Such disclosures came later after major concerns about banks' exposures had arisen in markets …. Similarly, banks delayed the recognition of loan losses. Banks' incentives seem to drive this evidence, suggesting that …

This paper examines banks' disclosures and loss recognition in the financial crisis and identifies several core issues …, banks' disclosures about relevant risk exposures were relatively sparse. Such disclosures came later after major concerns … about banks' exposures had arisen in markets. Similarly, the recognition of loan losses was relatively slow and delayed …

. Supervisors forcing banks to recognize losses could choke off lending and amplify local economic woes. But stricter supervision … could also change how banks assess and manage loans. Estimating such effects is challenging. We exploit the extinction of … first show that the OTS replacement indeed resulted in stricter supervision of former OTS banks. Next, we analyze the …

. Forcing banks to recognize losses could choke off lending and amplify local economic woes, especially after financial crises …. But stricter supervision could also lead to changes in how banks assess loans and manage their loan portfolios. Estimating … former OTS banks. We then analyze the lending effects of this regulatory change and show that former OTS banks increase small …

We analyse the impact of the adoption of expected credit loss accounting (IFRS 9) on the timeliness and potential … procyclicality of banks' loan loss provisioning. We use granular loan-level data from the euro area's credit register and investigate …. Additionally, banks with a larger capital headroom provision significantly more, particularly for loans using IFRS 9. This suggests …

loss approach under International Financial Reporting Standards (IFRS) in the European Union (EU) affects the cross … loss allowances, we also examine the role of supervisors in determining financial statement effects around IFRS adoption … that the predictive ability of loan loss allowances improved following IFRS adoption. Finally, in supplemental analyses we …

IFRS 9 substantially affects the financial sector by changing the impairment methodology for credit losses. This paper … analyzes the implications of the change from IAS 39 to IFRS 9 in the context of bank resilience. We shed light on two effects … only recognized with hindsight, and thus late and abruptly. IFRS 9 was designed to mitigate this issue through a staging …

incurred loss model (IL) and a current expected credit loss model (CECL). Relative to IL, CECL improves efficiency by enabling … false alarms. However, from a real effects perspective, our analysis uncovers a potential cost of CECL: banks respond to …

finds that banks that record timelier loan loss provisions originate more loans during downturns, consistent with loan-loss …Economic policymakers express concern that procyclical lending by banks imperils financial stability. Prior research …-provision timeliness mitigating loan-origination procyclicality. Motivated by this concern and research, we examine whether banks' credit …