This paper presents a general equilibrium model with a dynamic banking sector to characterize optimal size … are lower. The calibrated model rationalizes various steady state moments of the US banking industry, and provides general …

-in-differences methodology around the capital exercise by the European Banking Authority (EBA) in 2011 with German credit register data. We find …

The present study seeks to analyse the provisions of the 2013 Charter of the Basel Committee on Banking Supervision …

disrupting the liquidity or stability of mortgage secondary markets. In the process, the programs have created a new financial … market for pricing and trading mortgage credit risk, which has grown in size and liquidity over time. The CRT programs …

This paper investigates increased liquidity provision by market makers resulting from their ability to reduce balance …-by-trade data from sovereign bond markets, we show that liquidity provision by CCP members decreased to a lesser extent following …

Basel III has introduced new liquidity standards to directly enhance asset liquidity and funding stability within … deposit taking institutions. We investigate the links between asset liquidity and funding stability as measured under the … liquidity measures also improve banks' financial performance. However, whilst larger banks perform better financially in …

This paper approximates a construction of Basel III's Liquidity Coverage Ratio (LCR) for U.S. bank holding companies …

The industrial organization approach to banking is extended to analyze the effects of interbank market activity and … regulatory liquidity requirements on bank behavior. A multi-stage decision situation allows for considering the interaction … between credit risk and liquidity risk of banks. This interaction is found to make a risk neutral bank behave as if it were …