We develop a model of the joint capital structure decisions of banks and their borrowers. Strikingly high bank leverage … emerges naturally from the interplay between two sets of forces. First, seniority and diversification reduce bank asset … and fragility. Deposit insurance and the expectation of government bailouts increase not only bank risk taking, but also …

-Steagall barriers between banking, securities, and insurance firms would instead make implicit taxpayer support of large institutions …

-big-to-fail institutions will do little to arrest subsidy-induced activities. Rebuilding Glass-Steagall barriers between banking, securities …

determined by the risk taken by the bank and the managerial incentives to disclose information. Our results show an initial …

In this study the tail systemic risk of the Brazilian banking system is examined, using the conditional quantile as the … banking system to the financial system network. The results have implications for the capital regulation of financial …

' reporting incentives played a key role, which has important implications for bank supervision and the new expected loss model …

In this study, using the World Bank's Bank Regulation and Supervision Survey (BRSS) data, we draw insights about the … bank regulatory/supervisory styles, illustrate the differences in regulation/supervision among crisis, non-crisis and BRICS … countries, and highlight the ways in which bank regulation and supervision has changed during the crisis period. The study …