model’s dynamic implications in a panel VAR estimation, which suggests that bank lending has even increased in the long …, the equilibrium loan rate spread increases, which raises bank profitability and the market-to-book value of bank capital …

choose their portfolio risk, bank size, and capital holdings. Banks voluntarily hold equity when the buffer effect against … larger, choose riskier portfolios, and have less equity. Binding capital requirements or levies on bank borrowing are shown …

quasi-exogenous increases in bank size in postwar Germany. I show that firms did not grow faster after their relationship …, but worked with riskier borrowers. Bank managers benefited through higher salaries and media attention. The paper presents …

We explore the determinants of the number of long-term bank relations of listed Japanese firms using a unique data set … covering the period 1982-1999. Japanese listed firms have about seven long-term bank loan relations on average, but show a … large variation around the average. We analyze the determinants of the choice for the number of bank relations. We use data …

Does enhanced shareholder liability reduce bank failure? We compare the performance of around 4,200 state … results suggest that exposing shareholders to more downside risk can successfully reduce bank failure. …

Does enhanced shareholder liability reduce bank failure? We compare the performance of around 4,200 state … results suggest that exposing shareholders to more downside risk can successfully reduce bank failure …