What are the effects of payout restrictions on bank risk-shifting? To answer this question, we exploit the restriction … affect bank risk-shifting incentives. …

, the European Union has engaged in an ambitious overhaul of banking regulation. One of its centerpieces, the 2013 Fourth … banks. We focus on the provisions that are aimed at reshaping bank boards' composition, functioning, and their members …' liabilities, and argue that they are unlikely to improve bank boards' effectiveness or prevent excessive risk-taking. We criticize …

In this paper, we discuss whether and how bank lobbying can lead to regulatory capture and have real consequences … through an overview of the motivations behind bank lobbying and of recent empirical evidence on the subject. Overall, the …

This article uses Israel's ongoing process of bank privatization to explore the link between privatization programs and …

regulation, recovery and resolution, and risk culture. …

to a liquidity regulation that is very similar to Basel III's Liquidity Coverage Ratio (LCR). We find that most banks … the regulation. More solvent banks hold fewer liquid assets against their stock of liquid liabilities, suggesting an …

We develop a dynamic structural model of bank behaviour that provides a microeconomic foundation for bank capital and …

chapter reviews and synthesizes the theoretical and empirical literature on bank liquidity creation. The focus is on the … economics of bank liquidity creation, both in the traditional relationship banking context and in the shadow banking context …. The related prudential regulation issues – pertaining mainly to capital requirements and liquidity requirements – are also …