bank risk taking, commercial bank failure, interest rates on loans, and market structure. We propose a market structure … addition to aggregate shocks to the fraction of performing loans in their portfolio. A nontrivial bank size distribution arises … consistent with untargeted business cycle properties, the bank lending channel, and empirical studies of the role of …

the area that would eventually become the Manufacturing Belt. Using a new bank census, the paper shows that these changes …

procyclical impact of bank capital requirements. By contrast, central bankers in Germany and Japan clearly do not act as the …

Although bank supervision under the National Banking System exercised a light hand and panics were frequent, depositor … losses were minimal. Double liability induced shareholders to carefully monitor bank managers and voluntarily liquidate banks …

We investigate the origins and growth of the Financial Stability Mandate (FSM) to examine why bank supervisors, inside … changes in the FSM, (2) whether supervision should be conducted within the central bank or in independent agencies and (3 …) whether supervision should be rules- or discretion/principles-based. As histories of bank supervision are few, we focus on the …

a fundamental link between efficient bank resolution and the operational structures and risks of global banks …