banking pillars active in Germany. …

banking pillars active in Germany …

. Identification relies on the dependence on external finance in each industry and the regional demarcation of regional banking markets …

To test if safety nets create moral hazard in the banking industry, we develop a simultaneous structural two … probabilities on risk taking using exclusion restrictions based on regional political, supervisor, and banking market traits. The … sample includes all observed capital preservation measures and distressed exits in the German banking industry during 1995 …

the German banking market. Market power generally spurs aggregate SME growth. Banks need to realize sufficient margins to …