paper describes how specialization of banks can lead to such feedback effects, which work through the cost of financial … intermediation. In the empirical part of the paper we use US cross-state data from banks' income statements to show that the cost of …

This paper examines funding modes of German banks and its implications for lending and profitability over the period … important. Third, the decreasing ability of banks to mobilize deposits from customers and the substitution of deposits by … interbank liabilities unfavourably affects the net interest results of savings banks. …

We develop a dynamic model to assess the effects of liquidity and leverage requirements on banks' insolvency risk. The … model features endogenous capital structure, liquid asset holdings, payout, and default decisions. In the model, banks face …

that while in the two episodes of recession and financial stress the ECB acted aggressively providing liquidity to banks … in the banking sector. It shows that euro area banks, over the 2008-2012 period, did not change neither the capital to … describes other aspects of banks’ balance sheet adjustment during the two crises pointing to a progressive dismantling of …

impact on bank intermediation applying Regression Discontinuity Designs. Using a unique dataset on Dutch banks, we show that … non-compliance with a liquidity requirement causes banks to pay and charge higher interest rates as well as to increase …

Parliament) and aristocratic titles (e.g., lords)--on the boards of directors of English and Welsh banks from 1879-1909 to … corroborates this finding, showing that a bank’s shares exhibited negative abnormal returns when their directors were elected to …

and banks. Finally, we find spillover effects in particular from sovereigns in the euro area periphery to the core …