could be implemented to compute bank-specific capital surcharges for systemic risk or stabilisation fees. We find that size … alone is not a reliable proxy for the systemic importance of a bank in this framework. In order to smooth cyclical …

We develop a theoretical model examining the financial stability policy of a central bank serving as both the lender of … the existence of a substitution effect between reducing the expected scope of a central bank's assistance to an … institution in distress and increasing bank reserve requirements …

bank fails to meet a distress threshold. The conversion increases the issuer's loss-absorption capacity, but results in …

could be implemented to compute bank-specific capital surcharges for systemic risk or stabilisation fees. We find that size … alone is not a reliable proxy for the systemic importance of a bank in this framework. In order to smooth cyclical …

Are bank resolution regimes effective enough to improve financial stability? We look at the effect of the new bank …

Bank liability guarantee schemes have traditionally been viewed as costless measures to shore up investor confidence … and stave off bank runs. However, as the experience of some European countries, most notably Ireland, has demonstrated … the rollover risks of a bank and a government, which are connected through the government's guarantee of bank liabilities …