imperfectly elastic supply of bank equity stemming from financial market segmentation. In our model, equity is costly and serves … and the design of bank stress testing. …

widespread bank insolvency. The banks and investors share a common belief about the future value of certain long-term assets, but … also force larger price declines. Emergency asset price supports can be understood as attempts by a central bank to …

The traditional model of bank-led financial intermediation, where banks issue demandable deposits to savers and make …% to 13%. Additionally, the share of loans as a percentage of bank assets has fallen from 70% to 55%. We develop a …, and changes in implicit subsidies and costs of bank activities can explain these shifts. Declines in securitization cost …

requirements, using financial data of the Swiss systemically important bank UBS. It can be shown that the leverage ratio …

the denominator of capital adequacy ratios. Our approach centres on modelling the internal risk structure of bank …

growth, suggesting that Asian banks are also subject to indirect market discipline mechanisms through bank market structure …. This study therefore sheds light on the importance of enhancing bank competition to overcome bank risk and strengthen … financial intermediation. This study also advocates greater reliance on market discipline to promote bank stability …

combining tranche-level information for structured products with bank balance sheet data for originators, I investigate the …