, however, the bank can readjust the level of risk after the deposit rate is contracted, market discipline leads to an increase …

reduced cost inefficiency and reduced X-inefficiency at a faster rate than rent-seeking inefficiency. -- Bank Efficiency …

Background: This study analyzes the impact of non-performing loans (NPLs) on bank liquidity creation to investigate the …

This paper analyzes the effect of the removal of government guarantees on bank risk taking. We exploit the removal of …

We examine the moral hazard effects of bank recapitalizations by assessing the impact of the U.S. TARP program on … market discipline exerted by subordinated debt-holders using a sample of 123 bank holding companies over the period 2004 …

' tightening on bank probabilities of default is positive albeit statistically insignificant, suggesting that risk-taking may crowd …

Scholars and regulators often maintain that extended shareholder liability reduces bank risk-taking. Prior to the Great … Depression, double liability on bank shareholders was the predominant institutional framework aimed to constrain moral hazard. We … examine whether increased shareholder liability effectively moderated bank risk-taking. We find no evidence that double …