European supervisors aggressively requested more capital at large banks. That may cut credit to the economy. We confirm … that especially larger banks cut loans while less-significant banks partly offset that credit drop. Moreover, we identify … nasty spillovers from that interaction. Specifically, larger banks’ deleveraging was associated with significant portfolio …

College) gave the SUERF 2015 Annual Lecture on Capital and Banks. The conference focused on core aspects of banking reform …

provisions tend to be more procyclical at larger and better capitalized banks. The procyclicality of loan loss provisions can …

banks from 26 countries over the period 2005–2015, we examine the nature of the relationship between bank risk, bank … potential discrepancies in risk-taking behavior. We subdivide our sample into two sub-samples (East Europe and West Europe …