insolvency resolutions have changed substantially under FDICIA. The average interval between bank examinations has dropped for … insolvency-resolution process. Consistent with an hypothesis that FDICIA has improved incentives, our data show that a markedly …

of government in the insolvency-resolution process. Consistent with an hypothesis that FDICIA has improved incentives … transitions and the character of insolvency resolutions have changed substantially under FDICIA. The average interval between bank …