firm incentives in a post-reform financial system. -- Financial regulatory reform ; corporate governance ; bank charter … ; bank insolvency …

This study develops a multi-period structural model to value bank subordinated debt (subdebt) under different … risks, bank characteristics and regulatory policies affect subdebt prices and yield spreads. It finds that the … have the opposite effects. Also, subdebt spreads are less sensitive to bank risk when PCA is imposed than when capital …

This paper examines the impact of charter type, holding company structure, and measures of bank fragility on the … likelihood of a bank bailout or failure during the late 2000s financial crisis. The empirical results indicate that established … brokered deposits, and held a relatively large portfolio of real estate loans. In addition, bank failure was more likely for …

We analyze the problem of a policy authority (PA) that must decide when to resolve a troubled bank whose underlying … solvency is uncertain. Delaying resolution increases the chance that information arrives that reveals the bank's true solvency … efficient resolution decision following the arrival of information. Providing the bank with liquidity support buys the PA time …

a bank holding insured deposits and issuing non-bail-inable debt and bail-inable Tier1-capital debt? We address this …

. The regulator observes depositors' withdrawals at the bank level and needs to decide on how many withdrawals to tolerate … withdrawals until intervention, depositors endogenously react by preempting the regulator. They run on the bank more often ex ante …

domestic bank failures may be contemporaneous to sovereign crises, giving rise to risk-sharing motives to mutualize the funding … of bail-outs. Raising public funds to conduct a bail-out entails the deadweight loss of distortionary taxation. Bank bail … the public backstop and forbearance in early bank intervention in the fiscally stronger country, facilitating bail-outs in …