, policymakers, and bank managers for better decision making. …

bank's financing structure. In our model the bank's assets consist of illiquid loans and liquid reserves and are financed … to an exogenous rollover risk. We show that the use of repos inflicts two types of indirect (“shadow”) costs on the bank …'s shareholders: first, it induces the bank to maintain higher liquid reserves in order to alleviate the additional default risk …

We exploit variation in commercial bank capital ratios across states to identify the impact of commercial bank balance … indicate a lack of substitutes for bank funding both in the short and long run. This lack of substitutes implies a notable … highlight the potential effects that bank balance sheet pressures, for example, from tightening capital adequacy standards, such …

We exploit variation in commercial bank capital ratios across states to identify the impact of higher capital ratios on …

? Studying various fiscal reforms across Europe with bank- and loan-level data, we find that both the introduction of an equity … subsidy and of a tax on bank liabilities lead banks to refocus their activities on lending. Hence, taxes can be a … complementary tool to capital requirements to reduce bank leverage, while maintaining the supply of credit. More broadly, our …

are sold at the fair price. The fair price ensures that an increase in investment increases the profit of the bank. On the … sales on the bank's capital structure depends on the state of the economy. The bank engages in over-investment, if it can …

ratio on commercial bank risk-taking over the period from 2002 to 2019 using a two-step GMM method. The finding reveals that …