important determinant of banks' capital structures and that banks' leverage converges to bank specific, time invariant targets … the capital structure of large U.S. and European banks during 1991 to 2004. Instead, standard cross-sectional determinants … of non-financial firms' leverage carry over to banks, except for banks whose capital ratio is close to the regulatory …

, we show that the economic impact of changes in bank capital requirements depends on the state of the macro …-financial environment. In ”normal” states where banks do not face problems to retain enough profits to satisfy higher capital requirements …, the impact on bank loan supply works through a ”pricing channel” which is small: around 0.1% less loans for a 1pp increase …

probability of default for a sample of European systemically important banks. Contrary to the case of a one-off introduction of … gambling for resurrection, the risk-taking is driven by large and less pro table banks. The net impact of capital requirements …' tightening on bank probabilities of default is positive albeit statistically insignificant, suggesting that risk-taking may crowd …

gambling for resurrection, the risk-taking is driven by large and less profitable banks. The net impact on bank probabilities … probability of default for a sample of European systemically important banks. Contrary to the case of a one-off introduction of …

important determinant of banks’ capital structures and that banks’ leverage converges to bank specific, time invariant targets. … the capital structure of large U.S. and European banks during 1991 to 2004. Instead, standard cross-sectional determinants … of non-financial firms’ leverage carry over to banks, except for banks whose capital ratio is close to the regulatory …

in a dynamic GMM panel estimator framework on an exhaustive data set of Czech banks, which mainly includes small banks … large banks. We show that capital negatively Granger-causes liquidity creation in this industry, where majority of banks are … that Basel III can reduce liquidity creation, but also that greater liquidity creation can reduce banks' solvency. Thus, we …

How do near-zero interest rates affect optimal bank capital regulation and risk-taking? I study this question in a … dynamic model, in which forward-looking banks compete imperfectly for deposit funding, but households do not accept negative …

and become toxic. We study the effects of the LRR on lending strategies and its implications for banks' stability. We show … that the LRR might induce banks with low-risk lending strategies to diversify their portfolios into high-risk loans until … the LRR is no longer the binding capital constraint on them. If the LRR is lower than the average bank's IRB requirement …

We develop a dynamic structural model of bank behaviour that provides a microeconomic foundation for bank capital and … considerable heterogeneity across banks and over time. The model illustrates that banks' reactions depend on initial balance sheet … conditions and reconciles evidence on short-term reductions in loan supply with findings suggesting that better capitalized banks …