Optimal forbearance of bank resolution

LM Schilling - The Journal of Finance, 2023 - Wiley Online Library
This paper analyzes a regulator's optimal strategic delay of resolving banks when the
regulator's announcement of the intervention delay endogenously affects the depositors' run …

Smooth regulatory intervention

L Schilling - Available at SSRN 4286457, 2022 - papers.ssrn.com
In settings of runs on financial firms, policy makers have developed different forms of policy
intervention for stopping, easing or preventing runs. This paper characterizes types of policy …

Smooth versus harsh regulatory interventions and policy equivalence

L Schilling - 2023 - mpra.ub.uni-muenchen.de
Policy makers have developed different forms of policy intervention for stopping, or
preventing runs on financial firms. This paper provides a general framework to characterize …