estimation. The analysis allows to distinguish between rents that accrue due to single bank lending, rents that accrue due to …

Bank distress can have severe negative consequences for the stability of the financial system, the real economy, and … public finances. Regimes for restructuring and restoring banks financed by bank levies and fiscal backstops seek to reduce … these costs. Bank levies attempt to internalize systemic risk and increase the costs of leverage. This paper evaluates the …

addressing differences among different bank groups. We use three empirical models to focus on the following aspects: the time …