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 … ; banking competition ; risk-taking …

competitor banks for any given bank, and analyze the impact of this variable on banks' risk-taking behavior, using a large sample … increase the protected banks' risk-taking. These results have important implications for the effects of the recent wave of bank …

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 …

private information. Competition for talent sets incentives to offer bonuses inducing risk-taking that is excessive not only …-taking are increasing with competition. Thus, our model offers a rationale why bonuses are paid even when reducing the expected …

This paper investigates whether greater competition increases or decreases individual bank and banking system risk … bank deregulation, we provide robust evidence that greater competition increases both individual bank risk and a bank …. Using a new text-based measure of competition, and an instrumental variables analysis that exploits exogenous variation in …