financial markets, that is, investment banking. The combination of financial expropriation and investment banking catalysed the …

financial markets, that is, investment banking. The combination of financial expropriation and investment banking catalysed the …

diffusion. Then we present the French situation. Finally, we propose a case study that takes place in a French bank. Our paper …

activity in a production economy. In our model, producers are financed by both bank debt and equity, and face a mix of systemic … ability of a macroprudential policy instrument (a convex dependence of bank capital requirements on the quantity of …

This article examines the role of commercial real estate investments in the banking crisis of 1985-92, an unprecedented … period during which more than 1,300 banks failed. Bank failures are fundamentally important because of the unique role played … during this period. First, commercial real estate was only a factor in the bank failures of 1988-92. Second, construction …

provided by central banks in the funding of bank balance sheets.” Owing to such increased importance of liquidity risks, this … financial crisis (which to a significant extent, focuses on banking sector capital requirements), should also take greater …

one-period probit model used by Cole and Gunther (1998). Using data on U.S. bank failures from 1985 – 1992, we find that …, from an econometric perspective, the hazard model is more accurate than the probit model in predicting bank failures, but … data from the 1980s performs surprisingly well in forecasting bank failures during 2009 – 2010. …