levy was implemented supply more credit. This increase is more significant for larger lenders and banks that are more … banks' liabilities thereby decreasing the cost of equity relative to the cost of debt. Using a difference …-in-differences approach we assess the impact of this tax levy on banks' participation in the syndicated loan market. We further investigate …

known—are a byproduct of shadow banking and a meaningful source of systemic risk. It lays the foundation for this claim by … juxtaposing the regulatory regime governing the shadow banking system with the incentives of the market participants who populate … that system. Like banks, shadow banks rely heavily on short-term debt claims designed to obviate the need for the holder to …

of decentralisation differ between the two crises: while a greater spread of regional banks was associated with economic … resilience during the GFC, countries with more centralised banking systems performed better in the first year of the pandemic …. Future studies of pandemic recovery paths will show if regional banks have lost their ability for countercyclical funding, or …

question, we identify the compositional changes in banks' supply of credit using the variation in their holdings of residential …

This paper develops an analytical framework that can be used to anticipate problems in the banking system and enable … indicator that is intended to capture a number of the systemic risks that can affect the banking system as a whole. Second, it … vulnerabilities. > For the systemic component of our methodology, the final output is a banking system vulnerability index to …

, or banking crises. Instead, we detect a persistent component in the tail risk of relatively large banks that is bank …Banks are growing ever larger compared to their national economies. We show that increases in relative bank size … (measured as a bank's liabilities divided by national GDP) are linked to banks displaying higher tail risk. This effect is not …

Not very. We find that weather disasters over the last quarter century had insignificant or small effects on U.S. banks … offsets losses and actually boosts profits at larger banks. Local banks tend to avoid mortgage lending where floods are more …