(PCA) by the authorities in handling problem banks.We initially consider precisely what market discipline means in this …

excessive risk-taking by participating banks before, during, and after the 2008- 2009 financial crisis. The existence of …

the decrease in market discipline after the introduction of deposit insurance, we demonstrate for private, domestic banks … a difference-in-difference setting in which state and foreign-owned banks, whose deposit insurance regime does not …

a difference-in-difference setting in which private domestic banks serve as the treatment group and state and foreign …-owned banks, whose deposit insurance regime does not change, serve as a control group. …

This paper analyzes the influence of market discipline on the risk-taking incentives of banks. It is shown that market … discipline reduces risk if banks can credibly commit to a given level of risk before the interest rate on deposits is set. If … in risk. The reason is that rational depositors anticipate the banks' behavior and therefore ask for a higher risk …

during the financial crisis as well as the recent developments of Italian banks, these results not only concern the US, but …

This paper analyzes the influence of market discipline on the risk-taking incentives of banks. It is shown that market … discipline reduces risk if banks can credibly commit to a given level of risk before the interest rate on deposits is set. If … in risk. The reason is that rational depositors anticipate the banks' behavior and therefore ask for a higher risk …

the decrease in market discipline after the introduction of deposit insurance, we demonstrate for private, domestic banks … a difference-in-difference setting in which state and foreign-owned banks, whose deposit insurance regime does not …

This study examines the impact of credit rating upgrades and downgrades on six comprehensive banks’ asset classes … period 1989-2008. In summary, the results suggest that a downgrade has a lasting and relatively more severe impact on banks … than an upgrade; however, downgraded banks do not seem to effectively reduce their appetite for risk over a longer horizon …