In moral hazard models, bank shareholders have incentives to transfer wealth from the deposit insurer - that is … value, and a risk measure, this paper develops a semi-parametric model for estimating the critical level of bank risk at …

' tightening on bank probabilities of default is positive albeit statistically insignificant, suggesting that risk-taking may crowd …

gambling for resurrection, the risk-taking is driven by large and less profitable banks. The net impact on bank probabilities …

a Chinese bank. Securitized loans exhibit lower ex-post default rates and prepayment chances compared to the loans … retained on the bank's balance sheet, suggesting no adverse selection or moral hazard within the Chinese securitization market … loan performance after the new regulation, in line with deterioration of the bank's incentive. This unintended consequence …

Prior to the Great Depression, regulators imposed double liability on bank shareholders to ensure financial stability … mitigating bank risks and providing a safety net for depositors before and during the Great Depression. We first develop a model … that demonstrates two competing effects of double liability: a direct effect that constrains bank risk taking as a result …

Since the global financial crisis and the related restructuring of banking systems, bank concentration is on the rise … in many countries. Consequently, bank size and its role for macroeconomic volatility (or: stability) is the subject of … intense debate. This paper analyzes the effects of financial regulations on the link between bank size, as measured by the …

Using evidence from Russia, we explore the effect of the introduction of deposit insurance on bank risk. Drawing on …

We construct a model of bank's financing under moral hazard. The bank as an intermediary borrows funds from the … positive return under scrupulous behavior of bank, but bank promises the investors to monitor the project properly that is the … monitored bank debt. We characterize the conditions under which the double moral hazard competition leads to an excessive level …