corresponding risk-taking, the ensuing effect on their profitability and the respective publication effect. Exploiting the …

This paper studies the impact of cyclical systemic risk on future bank profitability for a large representative panel … risk predict large drops in the average bank-level return on assets (ROA) with a lead time of 3-5 years. Based on quantile … local projections we further show that the negative impact of cyclical systemic risk on the left tail of the future bank …

Liquidity has its systemic aspect that is frequently neglected in research and risk management applications. We build a …

measurement of credit risk by financial institutions. Model-based regulation was meant to enhance the stability of the financial … sector by making capital charges more sensitive to risk. Exploiting the introduction of the model-based approach in Germany … and the richness of our loan-level data set, we show that:(1) internal risk estimates employed for regulatory purposes …

This paper addresses the trade-off between additional loss-absorbing capacity and potentially higher bank risk … increase their risk-taking. This increase in risk-taking however, should be more than outweighed by the benefits of higher …

The paper evaluates the impact of a phased-in introduction of capital requirements on equity, risk-taking, and … 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 …

The paper evaluates the impact of a phased-in introduction of capital requirements on equity, risk-taking, and … gambling for resurrection, the risk-taking is driven by large and less profitable banks. The net impact on bank probabilities … of default is positive albeit statistically insignificant, suggesting that risk-taking may crowd-out solvency …

-SII) buffer, on banks' lending and risk-taking behaviour. The O-SII buffer is a macroprudential policy aiming to increase banks … the relative attractiveness of different asset classes, a higher capital requirement could also lead to risk-shifting and … therefore promote the build-up (or deleverage) of banks' risk-taking. Since the end of 2015, national authorities, under the EBA …