(SEOs) and explore how the market reaction is influenced by aggregate systemic conditions and by the systemic risk …

because it reflects special liquidity benefits of bank debt. Even aside from neglecting the systemic damage to the economy …

it reflects special liquidity benefits of bank debt. Even aside from neglecting the systemic damage to the economy that …

This paper identifies the main dimensions of capital regulation. We use survey data from 142 countries from the World … Bank's (2013) database covering various aspects of bank regulation. Using multiple explorative factor analysis, we identify …

recent financial crisis. The crisis sparked a growing interest in understanding how and why we have created a world of large … geschaffenen Renten des Bankensektors. Die Arbeit diskutiert die zentralen Wechselwirkungen zwischen Bankenregulierung …

regulatory liquidity requirements on bank behavior. A multi-stage decision situation allows for considering the interaction … between credit risk and liquidity risk of banks. This interaction is found to make a risk neutral bank behave as if it were …

A bank's decision on loan supply and capital structure determines its immediate bankruptcy risk as well as the future … availability of internal funds. These internal funds in turn determine a bank's future costs of external finance and future …-to-asset ratios, liquidity coverage ratios and regulatory margin calls on the dynamics of loan supply and bank stability. Only …

Business cycles imply liquidity risks for banks. This paper explores how these risks influence bank lending over the … cycle. With forward-looking banks, lending cycles, credit booms and busts, or suppressed and highly fragile bank systems can … unpleasant effects on bank lending. Imposing countercyclical capital adequacy ratio may amplify procyclicality or result in …

Anticipating a bailout in the event of a crisis distorts a bank's incentives in multiple dimensions. Bailout payments …