Bank's (2013) database covering various aspects of bank regulation. Using multiple explorative factor analysis, we identify …

We propose a rigorous and flexible methodological framework to select and calibrate initial shocks to be used in bank … financial variables typically used in bank stress testing …

In moral hazard models, bank shareholders have incentives to transfer wealth from the deposit insurer - that is … value, and a risk measure, this paper develops a semi-parametric model for estimating the critical level of bank risk at …

inefficiencies, as the various distortions can offset each other. Empirical analysis using bank-level data from the recent crisis …

This study develops a multi-period structural model to value bank subordinated debt (subdebt) under different … risks, bank characteristics and regulatory policies affect subdebt prices and yield spreads. It finds that the … have the opposite effects. Also, subdebt spreads are less sensitive to bank risk when PCA is imposed than when capital …

institutions is firmly embedded in bank supervisory law and regulation. Most recently there has been intense discussion on the … purpose of (non-bank) corporations. Shareholder governance and stakeholder governance have been and still are the two … given way to stakeholder and, more particularly, creditor or debtholder governance, certainly in bank supervision and …

We characterize the optimal banking union with endogenous participation in a two-country economy in which domestic bank …. Bank bail-ins create disruption costs that are private information of domestic authorities. We find that when country … the fiscally stronger country, lead to more bailouts and forbearance in early bank intervention in that country, and may …