This paper analyzes the effect of bank recapitalizations on lending, funding and asset quality of European banks …

to promote bank soundness and sustained lending over the cycle. First, some evidence on bank dividends and earnings in … generates bank equity and credit supply volatility. Then, a DSGE model with key financial frictions and a banking sector is … by means of less volatile bank retained earnings, (ii) they induce welfare gains associated to a Basel III-type of …

improving the resiliency of the regulated banking sector, create room for bank disintermediation and do not unambiguously limit …