regional banking panics. We find that fundamentals explain most of the incidence of bank failure, and argue that contagion' or … of the importance of contagion or liquidity crises. At the national level, we find that the first two banking crises … changes in the importance of liquidity measures for forecasting bank failures. The third banking crisis they identify is a …

banking system during the liberalization process. Argentina suffered some fallout from the Mexican tequila crisis of 1995, but … discipline after the crisis made Argentina's banking system quite resilient during the Asian, Russian, and Brazilian crises …

We examine whether examiners were informed and contributed to the health of the banking sector. Information included …

, and there is no evidence that investment banks are suborned by acquirors with whom they have had a prior banking …

bank failure rates in Michigan during the period 1932-1934, which includes the important Michigan banking crisis of early …

We examine changes in the market valuation of banking activities over the last decade, focusing on the effects of the …-sectional variation in observed market-to-book values, allowing us to identify the market pricing of various banking activities and … various categories of banking activity and changes in market conditions. Dividend payments matter for market values …