deposits while commercial banks issue both insured and uninsured deposits. The effect of shadow banking on financial stability … is ambiguous and depends on the (exogenous) upper limit on insured deposits. If the upper limit on insured deposits is … instability that would not be present if all deposits were held in the commercial banking sector. In contrast, if the upper limit …

We study how deposit competition affects a bank’s decision to securitize mortgages. Exploiting the state …

This paper analyses the concentration of the banking system in Croatia and the impact of concentration on stability of … the economic system as a whole over the period since 2002 to 2017. The level of concentration is usually related to the … analysed here in the context of the concentration trend and efficiency in the selected time period using selected concentration …

We study bank runs using a novel historical cross-country dataset that covers 184 countries over the past 200 years and … combines a new narrative chronology with statistical indicators of bank deposit withdrawals. We document the following facts …: (i) the unconditional likelihood of a bank run is 1.2% and that of significant deposit withdrawals 12.7%; (ii …