We estimate a panel error correction model for loan loss provisions, using unique supervisory data on flow of funds …

Banks that follow conditional conservatism in their loan loss accounting treatments benefit from a reduction in crash … risk. The key discretionary loan loss accounting channels are provisions and allowances. We show that conditional … prompting for more conservative bank loan loss accounting does not present a significant opportunity to limit systemic effects …

We estimate a panel error correction model for loan loss provisions, using unique supervisory data on flow of funds …

I study whether commercial banks’ loan loss allowances were inadequate during the 2008 financial crisis because bank … loan loss allowances during the crisis. My study is consistent with the hypothesis that fraudulent borrower information … adversely affected banks’ loan loss provisioning …

This paper examines the impact of loan loss provisions (LLPs) on return predictability during 1994-2017. We find that …