. Further, the paper proposes a simple metric, which is used to identify contagion from one bank to another and identify …

-deposit creditors. Testing the model using EU bank level data yields evidence consistent with the model, suggesting that explicit …

experiment to examine the effect of government guarantees on bank risk taking, using a large data set of matched bank …

deposits towards non-deposit liabilities. We find that unobserved timeinvariant bank fixed effects are ultimately the most … important determinant of banks’ capital structures and that banks’ leverage converges to bank specific, time invariant targets …