.S. banks, I estimate the expected bailout probability, conditional on bankruptcy, to be 52%. The estimated conditional bailout … the 2008 Troubled Asset Relief Program (TARP). The simulation results show that a bank with a higher bailout belief takes …

in Europe. We consider bank bailouts for these banks in a simulation framework with stochastic country-specific bailout … efficiency of a bailout mechanism with a supranational authority. Even a unanimous voting rule works better than home …

We study the interaction between a government's bailout policy and banks' willingness to impose losses on (or \bail in … anticipation of this bailout undermines a bank's private incentive to impose a bail-in. In the resulting equilibrium, bail-ins are …

The determinants and effects of bank bailout programs on the economy and society are still controversial. Using a … bank bailout program. The results show that the adoption of bank bailout programs did not lead to an improvement in the … contribution to scarce literature covering the determinants of the decision to adopt a bank bailout program, also by …

possibility of contagion are affected by anticipation of bail-out policy, capital requirements and the joint exposure. We identify … a range of factors that strengthen or weaken the possibility of contagion and bailout. Recapitalization with common …

We study the stability of the banking system after a mortgage shock when a discretionary bailout policy is applied … the alternatives for most shock/bailout pairs. The medium-sized banks policy performs the worst and may be feasible only … for a small number of low shock/low bailout probability pairs. We identify a threshold level after which the bailout costs …

sovereign default -- a de facto bailout. Consistent with this, the likelihood a defaulting sovereign is granted an IMF loan is …