empirical support. We conclude that bank equity is not socially expensive, and that high leverage at the levels allowed, for … challenges are addressed, capital regulation can be a powerful tool for enhancing the role of banks in the economy. …

to discipline bank managers who would otherwise make suboptimal or wasteful investment decisions. We propose a way to …

lacking empirical support.We conclude that bank equity is not socially expensive, and that high leverage at the levels allowed … remaining challenges are addressed, capital regulation can be a powerful tool for enhancing the role of banks in the economy …

. -- capital regulation ; financial institutions ; capital structure ; "too big to fail" ; systemic risk ; bank equity ; contingent … disciplining role are based on inadequate theory lacking empirical support. We conclude that bank equity is not socially expensive … remaining challenges are addressed, capital regulation can be a powerful tool for enhancing the role of banks in the economy …

disciplining role are based on inadequate theory lacking empirical support. We conclude that bank equity is not socially expensive … remaining challenges are addressed, capital regulation can be a powerful tool for enhancing the role of banks in the economy. …

to explain the deposit rate dynamics following bank mergers. We find a strong and sharp post-merger convergence between …

this natural experiment to evaluate the consequences of bail out expectations for bank behavior using a difference in …

range of real sectors is limited. Our results imply that regulators and supervisors should address international bank … dependencies arising from common risk factors, while recessions in real sectors due to bank defaults should be a secondary concern. …

Reforms of financial regulation after the crisis of 2007-2009 raise the question of what is the relation between … financial regulators and competition authorities. Should competition authorities play a role in financial regulation? Should …-specific regulation involves authorities actually prescribing desired modes of behavior. The ongoing nature of relations makes regulators …

We investigate the relationship between bank complexity and bank risk-taking using German banking data over the period … tightenings. Thus, our results indicate that post-crisis regulation is effective in reducing banks' complexity-risk nexus …