estimated credit condition index has a high correlation with the Bank Lending Survey, a quarterly survey in which banks are …

right tail of the bank size distribution follows a power law. Also, the presence of big banks as measured by high market …

We isolate the direct bank-to-sovereign distress channel within the Eurozone's sovereignbank-loop by exploiting the …-related variation. We find that the transmission of instrumented bank distress, while economically relevant, is significantly smaller … variables in previous studies. Furthermore, we show that the spillover of bank distress is significantly stronger for countries …

.S. macroeconomy with a set of factors summarizing conditions in the banking sector. We use the model to analyze bank risk, bank … returns, and bank lending. We take data of more than 2,000 commercial banks from the U.S. Call Reports. We assess the … importance of common versus idiosyncratic risk at the bank level and the heterogeneous transmission of macroeconomic and asset …

better control of a major source of business cycle fluctuations, sudden increases and contractions of bank credit and of the … supply of bank-created money. (2) Complete elimination of bank runs. (3) Dramatic reduction of the (net) public debt. (4 …