The Norwegian experiences of the past thirty years illustrate what we believe are two general tendencies in bank … regulation. The first one is that a bank crisis will tend to focus regulators' minds and lead to stricter regulations. The second …

We present a theory of bank disclosure in which banks face both adverse selection and bank run risk. In our model … inefficient bank runs. We show that the level of disclosure chosen by banks and the associated probability of a run have parallel … behaviors as a function of bank profitability. Moreover, the optimal level of bank disclosure exhibits an inverse-U shape …

The paper explores incentives created by the German Bank Restructuring Act for investors holding assets in systemically … to forego risks by curbing promises of systemic support. Adverse consequences result from the fact that the Bank …

We investigate how provisioning models affect bank regulation. We study an accuracy vs. timeliness trade-off between an … coordination between standard setters and bank regulators could enable the latter to relax capital requirements in order to spur …

We investigate the effect of expected provisioning requirements for loan losses on bank loan supply and stability … lending procyclicality. Under the expected provisioning approach, the bank recognizes the bulk of future losses after the …

An important question in banking is how strict supervision affects bank lending and in turn local business activity … supervision, bank lending and business activity. We first show that the OTS replacement indeed resulted in stricter supervision of … overcome frictions in bank management, leading to more lending and a reallocation of loans. Consistent with the latter, we find …