subordinated bank debt thought to be liable (the strict "Bail-in Proposal"). The credibility of this commitment to private …

soundness. This paper shows how dividend regulation and information interact to affect bank stability. In the model, wealth …Bank stability depends on information. Regulators can allow banks to release some information about their safety and …-expropriation, excess cash flow, and signaling incentives affect a bank's decision to pay dividends. The regulator aims to prevent wealth …

2007, and especially in the euro area after 2010. That crisis triggered major changes to European financial regulation and …

regulation on the probability of a crisis. We test this relationship by applying a Probit model of a non-linear specification to …: it rises as regulation stringency moves from low to medium levels and falls from medium to high levels. Countries located …