sheets. We find that a distressed bank bailout, which is subject to restructuring and deleveraging conditions, leads to a …

sheets. We find that a distressed bank bailout, which is subject to restructuring and deleveraging conditions, leads to a …

Bankenrettung gibt es historische Vorbilder: beispielsweise die Tilgungsfonds nach der deutschen Bankenkrise 1931/1932 und den …

In this paper, we examine how the institutional design affects the outcome of bank bailout decisions. In the German …

In this paper, we examine how the institutional design affects the outcome of bank bailout decisions. In the German …

financial sector is intimately involved in the design of bailout packages; elsewhere it chooses to remain at arm's length. Such … design of bailout packages in favor of the industry. She demonstrates that financial institutions were most powerful in those … power to remain collectively inactive, she argues, has had important consequences for bailout arrangements and ultimately …