We provide a cross-country and cross-bank analysis of the financial determinants of the Great Financial Crisis using …) restrictions to bank activities, (iv) private monitoring. The bank-level analysis reinforces these results and shows that the … latter factors are also key determinants across banks, thus explaining the probability of bank crisis. Our findings …

We compare default rates on conventional and Islamic loans using a comprehensive monthly dataset from Pakistan that …

This paper reconsiders the formal estimation of bank risk using the variability of the profit function. In our model …, point estimates of the variability of profits are derived from a model where this variability is endogenous to other bank …–2012q4. The findings show that bank risk was fairly stable up to 2001 and accelerated quickly thereafter up to 2007. We also …

We study how optimal bank capital and bond risk are influenced by asset encumbrance, depositor preference, and bail … represents a cost to shareholders and increases the risk of regulatory arbitrage. The features of bank debt financing we analyze … here may explain the stable cross-sectional variation in bank capital documented in literature. Based on a small sample of …