This paper empirically investigates the effect of government bail-out policies on banks outside the safety net. We … construct a measure of bail-out perceptions by using rating information. From there, we construct the market shares of insured … competitor banks for any given bank, and analyze the impact of this variable on banks’ risk-taking behavior, using a large sample …

bank bail-outs on banks' risk-taking behavior. -- Government bail-out ; implicit and explicit government guarantees …This paper empirically investigates the effect of government bail-out policies on banks outside the safety net. We … construct a measure of bail-out perceptions by using rating information. From there, we construct the market shares of insured …

characteristics to those rescued (peers), especially if the rescue packages do not contain restrictions on bank activities …. Specifically, after a bank is rescued, peers show greater Non-Performing Loans ratios and lower margins. We also investigate the … public rescue packages in smoothing peers’ risk-taking incentives and avoiding distortions in the competition …

implementations of the funds concentration effect and the corresponding discriminatory bailout scheme: random bailout and bailout the …

the resulting drop in bank charter values translated into higher risk-taking at German savings banks. -- Public bail-out … guarantees ; savings banks ; Landesbanken ; market discipline ; bank risk-taking ; banking networks …

guarantee. The reason is that the prospect of a bail-out induces the rotected bank to expand, thereby intensifying competition …The explicit or implicit protection of banks through government bail-out policies is a universal phenomenon. We analyze … main result is that the bail-out policy unambiguously leads to higher risk-taking at those banks that do not enjoy a bail-out …

of deposit insurance adoption on individual bank leverage. Using a panel of banks across 117 countries during the period … capital buffer. This increase in bank leverage then translates into higher probability of insolvency. Most importantly, I …

Through the compulsory participation of junior investors in bearing losses of their failing bank, the bailin attempts … to limit bail-outs' side-effects in terms of market discipline, too-big-to-fail, bank-sovereign nexus and risk …-in effects on bank resilience appear mixed. While it incentivises banks to reduce risk-taking (e.g., increasing risk …