bank tax, and the U.S. administration has revived its own proposal for such a charge. This paper considers the structure … for taxing bank borrowing, perhaps as an adjunct to minimum capital requirements, at marginal rates that rise quite … higher than those of the bank taxes so far adopted or proposed …

Recoveries vary considerably across countries: our paper compares recoveries in bank-based and market-based economies … and finds that market-based economies experience significantly and durably stronger rebounds than the bank-based ones (in … particular the more bank-based economies of continental Europe). Further, stronger recoveries also tend to be associated with …

This paper examines factors determining the allocation of bank credit to the enterprise sector, and the implications of … capital, which in turn determines aggregate output and employment. It then examines factors influencing the allocation of bank … bank finance and equity capital in financing medium- and long-term investment, and constraints on the development of …

comparator block in the Eastern Caribbean. Using bank-level data, we find that countries with a high level of operating costs, a … operating costs are associated with low measures of institutional quality and a small size of bank operations. We find support …

the probability of financial crisis. It finds that greater tax bias is associated with significantly higher aggregate bank …