reduce moral hazard and better protect countries against the risk of twin fiscal-financial crises by detaching banks from …

impact of government measures on CDS, debt, and equity markets points to the reduction of credit risk and financing cost as …

: SURVEY RESULTS -- CURRENCY-INDUCED CREDIT RISK IN SELECTED BANKING SYSTEMS -- References. …

Intro -- Contents -- I. INTRODUCTION -- II. SUSCEPTIBILITY OF BANKING REGULATION TO CAPTURE -- III. A MODEL OF BANK …

banks can extract market power rents. We show that more bank competition results in lower economy-wide risk, lower bank … allocation and optimal levels of bank risk and capitalization. These results are at variance with those obtained by a large …

-to-assets ratio is ambiguous. Similarly, as competition increases, the probability of bank failure can either increase or decrease. We …

Intro -- Contents -- Executive Summary -- I. INTRODUCTION -- II. LONG- TERM SYSTEMIC RISKS -- III. INNOVATIONS IN RISK …

indices; second, which bank-specific characteristics explain these risk exposures; third, are there clusters of banks with … is the evolution of banks' stock price exposure to country-level and global risk factors as approximated by equity … equity price linkages beyond market risk factors. The paper finds a rise in sensitivities to both country and global risk …