as well as a bank’s position in the network. We construct linkages between all U.S. commercial banks in 1929 and 1934 so … and a bank’s systemic risk contribution, are combined with balance sheet data capturing ex ante bank default risk, they … U.S. banking crisis of the 20th century. Our systemic risk measure captures both the credit risk of an individual bank …

European banking glut hypothesis holds that gross inflows into private bonds led to the boom. Leveraging-up by European banks … credit risk, floating interest rates and narrow spreads. What is more, European banks produced, not just invested in, US …. Furthermore, European banks' leveraging-up also provided credit that enabled housing booms in Ireland and Spain. These findings …

relevance of these theories by analyzing how dispersed information affects banks' default risk. We find evidence that precise … information acts as a coordination device which reduces creditors' willingness to roll over debt to a bank, thus increasing both … raises banks' vulnerability by more than standard measures of banks' fragility. Taken together, our results suggest that …

banks with foreign affiliates for the years 2002-2011, we study bank internationalization before and during the crisis. Our …The global financial crisis has brought to an end a rather unprecedented period of banks' international expansion. We … data allow analyzing not only the international assets of the banks' headquarters but also of their foreign affiliates. We …

Interbank networks amplified the contraction in lending during the Great Depression. Banking panics induced banks in … the hinterland to withdraw interbank deposits from Federal Reserve member banks located in reserve and central reserve … cities. These correspondent banks responded by curtailing lending to businesses. Between the peak in the summer of 1929 and …

Using comprehensive data on bank lending and establishment-level outcomes from 1997-2011, this paper fails to find …-existing bank market shares and estimated bank supply-shifts. The results indicate that counties with negative predicted supply …

This article takes advantage of access to confidential matched bank-firm data relative to the Belgian economy to … wake of the Great Recession. Variability in banks' financial health is used as an exogenous determinant of firms' access to … credit. Estimates suggest that SMEs borrowing money from pre-crisis less healthy banks were significantly more likely to be …