increase their capital buffers – a policy supported by national bank regulators. This paper examines whether the issuance of … CoCo bonds provides the same reduction in bank default risk as the corresponding issuance of common equity by analyzing the … conversion features come with a lower subsequent volatility of the bank asset value, but are inferior to equity in terms of their …

This paper examines the effect of CoCo bonds that qualify as additional tier 1 capital on bank fundamentals. The … hypotheses suggesting that the regulatory design requirements for going-concern CoCos adversely affect bank stability …

This study reviews the existing literature on the determinants of bank-level deposit volatility and is the first to … degrees of diversification of the customer base and the funding portfolio. This also holds for market-wide liquidity supply …, bank equity capitalization and funding risk that are identified as further determinants. Besides mapping avenues for future …

estimation plays a key role in its evaluation. Assuming a structural credit risk modeling approach, we study the impact of … effects of different non-parametric estimation techniques on default probability evaluation. The impact of the non …