Governments often attempt to increase the confidence of financial market participants by making implicit or explicit … guarantees of uncertain credibility. Confidence in these guarantees presumably alters the size of the financial sector, but …

is also referred to as the system-GMM estimator. We conclude that higher income diversification favors bank profitability …. However, our study does not find a significant relationship between revenue diversification and bank risk, even when …

This paper argues that creditors reflect the financial-safety-net aspect of bank lobbying, plausibly considering the … connection between bank lobbying and government bailouts. Using a structural approach, I show that bank lobbying is negatively … associated with the occurrence of a run-like equilibrium, as is deposit insurance. The estimated effect on bank risk and value is …

Governments often attempt to increase the confidence of financial market participants by making implicit or explicit … guarantees of uncertain credibility. Confidence in these guarantees presumably alters the size of the financial sector, but …