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mechanism by which government interventions contribute to banks' risk-shifting behavior as reported in recent studies on bank … level runs via competition. (iv) Government interventions disparately affect bank customers' welfare. While liquidity …
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likelihood to issue equity. In contrast to this view, for an international sample of bank Seasoned Equity Offerings (SEOs), we …
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This Article demonstrates that, pursuant to recent bank bailout programs, the United States Department of the Treasury … has the motive and opportunity to trade in bank securities while in possession of material, nonpublic information. The …
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How do government interventions such as blanket guarantees, liquidity support, recapitalizations, and nationalizations affect banking competition? This question is important because the pricing of banking products has implications for consumer welfare. Exploiting data for 124 countries that...
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