We analyze risk sensitive incentive compatible deposit insurance in the presence of private information when the market …

probabilities evolution over time of the different banks' risk states. …This paper presents a useful theoretical and empirical modelling for a probabilistic evaluation of the bank risk states …, the transition probabilities among the different considered risk states are determined by those decicions, and draw the …

This paper explores the ability of financial analysts to gauge the risk taken by banks and investigates the impact of … the recent financial crisis. Using a sample of 36,343 forecasts issued for 411 European banks over 2003–2009, we find that … forecasting abilities are negatively influenced by bank-specific risks, except market risk. We also find that forecasting …

crisis of 2007-2008. For a sample of 384 listed banks from 56 countries, we calculate two measures of risk for the period …The recent financial crisis has clearly shown that the relationship between bank internationalization and risk is … complex. Multinational banks can benefit from portfolio diversification, reducing their overall riskiness, but this effect can …

Can the risk of losses upon premature liquidation produce bank runs? We show how a unique run equilibrium driven by … asset liquidity risk arises even under minimal fundamental risk. To study the role of illiquidity we introduce realistic … not available in a run, asset liquidity risk has a concave effect on run incentives, quite unlike fundamental risk. Runs …

management across global banks can be important for liquidity risk transmission into lending. Fourth, there is substantial … heterogeneity in the balance sheet characteristics that affect banks' responses to liquidity risk. Overall, balance sheet …Activities of international banks have been at the core of discussions on the causes and effects of the international …

management across global banks can be important for liquidity risk transmission into lending. Fourth, there is substantial … heterogeneity in the balance sheet characteristics that affect banks’ responses to liquidity risk. Overall, bank balance sheet …Activities of international banks have been at the core of discussions on the causes and effects of the international …

Syndicated loans provide an exceptional opportunity to study differences in banks' approaches to measuring risk because … many of these loans are held by more than one bank. We study differences in banks' estimates of risk parameters used to …. In addition, we find a negative relation between banks' LGDs and their loan shares, suggesting that differences in risk …