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 …

. Using data from the syndicated loan market, we exploit variation in banks’ reliance on wholesale funding and their … bank credit. We find that banks with strong balance sheets were better able to maintain lending during the crisis. In … particular, banks that were ex-ante more dependent on market funding and had lower structural liquidity reduced the supply of …