This paper empirically investigates the effect of government bail-out policies on banks outside the safety net. We … construct a measure of bail-out perceptions by using rating information. From there, we construct the market shares of insured … competitor banks for any given bank, and analyze the impact of this variable on banks’ risk-taking behavior, using a large sample …

This paper empirically investigates the effect of government bail-out policies on banks outside the safety net. We … construct a measure of bail-out perceptions by using rating information. From there, we construct the market shares of insured … competitor banks for any given bank, and analyze the impact of this variable on banks’ risk-taking behavior, using a large sample …

: namely, the avoidance of major macroeconomic disruption as a result of bank failures. …

Der aktuell diskutierte Gesetzentwurf für eine Reform der Einlagensicherung in Weißrussland verfolgt das Hauptziel …

lead to excessive risk-taking. We examine the relation between deposit insurance and bank risk and systemic fragility in … the years leading up to and during the recent financial crisis. We find that generous financial safety nets increase bank … risk and systemic fragility in the years leading up to the global financial crisis. However, during the crisis, bank risk …

Abstract: This paper documents large cross-country variation in the relationship between bank competition and bank … in competition will have a larger impact on banks’ fragility in countries with stricter activity restrictions, lower …

incentives, risk management models and procedures, conflicts of interest and bank strategies. Their perspectives are quite …

This paper documents a large cross-country variation in the relationship between bank competition and stability and … competition-stability and regulation-stability literatures, we develop a unied framework to assess how regulation, supervision and …-shifting paradigm. We show that an increase in competition will have a larger impact on banks’ risk taking incentives in countries with …

fixed income unless the value of the bank’s assets falls below a predetermined threshold. In such an event, the debt … obligation is automatically converted to the bank’s common equities. By using a contingent claims valuation approach we present … bank that includes DES or alternatively subordinated debt in its capital structure. We compare and evaluate quantitatively …