countries during banking crises also impact bank risk and the effectiveness of market discipline. Our results indicate that …

countries during banking crises also impact bank risk and the effectiveness of market discipline. Our results indicate that …

In this study we disentangle two dimensions of banks' systemic risk: the level of bank tail risk and the linkage … between a bank's tail risk and severe shocks in the financial system. We employ a measure of the systemic risk of financial … bank characteristics are related to bank tail risk and systemic linkage. The interrelationship between bank characteristics …

paid to repos is, becomes apparent by examining the financial statement of one German bank. It was noticed, that the … information provided on repos was not too extensive, even though repos ac-counted for approximately 39% of the bank's total assets …

Bank-created money, shadow-bank money, and Treasury bonds all satisfy investors' demand for a liquid transaction medium … extent to which they are substitutes, and the amount of liquidity per unit delivered by each asset. Treasury bonds and bank …. Our results on the imperfect substitutability of bank and shadow-bank money also inform analyses of the coexistence of the …