characteristics, such as capital and liquidity. We estimate the new model on the entire panel of US banks, spanning the period 1985q1 … establish that the risk of the relatively large banks and banks that failed in the subprime crisis is higher than the industry …’s average. Thus, we provide a new leading indicator, which is able to forecast future solvency problems of banks. …

time-varying market valuation for such a support. With large worldwide sample of banks, we estimate the structural subsidy …

banks was the fatal link between the collapse of structured finance and the global malfunction of funding markets that …

been a significant decline in the interconnectedness in the pledged collateral market between banks and nonbanks. We find …

asset classes between 2004 and 2010. Then I test whether the equity returns of 53 global banks were exposed to this … information to estimate a liquidity insurance premium that could be paid by individual banks in order to cover for that social …

from domestic banks. As public debt approached sustainability limits in a number of countries, however, high bank exposure …