Several recent studies have recommended greater reliance on subordinated debt as a tool to discipline bank risk taking …. Some of these proposals recommend using sub-debt yield spreads as triggers for supervisory discipline under prompt … analysis of the relative accuracy of various capital ratios and sub-debt spreads in predicting bank condition, measured as …

of risk imposed by holders of bank liabilities; (5) a review of some of the existing sub-debt proposals emphasizing their …In recent years there has been a growing realization that there are significant problems with the current bank risk … growing realization that bank regulation must more effectively incorporate market discipline to encourage prudent risk …

Recently there have been a number of recommendations to increase the role of subordinated debt (SND) in satisfying bank … capital requirements as a preferred means to discipline the risk-taking behavior of systemically important banks. One such …

Several recent studies have recommended greater reliance on subordinated debt as a tool to discipline bank risk taking …. Some of these proposals recommend using subordinated debt yield spreads as additional triggers for supervisory discipline … theoretical model describing how use of a second market-measure of bank risk, in addition to the supervisors’ own internalized …

The risk of repudiation plays a central role in the size and nature of international capital flows. In this paper the … author addresses the question of whether, in a world of international capital flows with risk of default, strategic … international debt in which only governments borrow and lend internationally and decentralized arrangements in which individuals …