risk. I find that banks with higher CSR scores are less risky. This is driven by their external CSR investments and not by …, lower valuations, and greater risk than banks with a more balanced distribution between internal and external CSR … likely to contribute to systemic macroeconomic risk. …

("ex ante") versus during crisis times ("ex post"). During calm times, higher bail-out probabilities result in higher risk … banks with higher bail out probabilities tend to increase their risk taking less compared to banks that were ex ante …

I study rollover risk in the wholesale funding market when intermediaries can hold liquidity ex ante and are subject to …

We develop a model to analyze the link between financial leverage, worker pay structure and the risk of job termination … optimal despite workers being risk averse and firms risk neutral. We find that firms employing workers with safer projects …