Finance is a vital ingredient for economic growth, but there can also be too much of it. This
study investigates what fifty years of data for OECD countries have to say about the role of …

We use detailed data on over 350 banks in emerging Europe to analyze how bank
ownership and the Vienna Initiative impacted credit growth during the Great Recession. As …

Managing growth targets to maintain economic growth is a common practice worldwide.
Using data of local commercial banks over the period 2003 to 2019, we examine the effect of …

We analyzed the loan guarantees that the Japanese government provided for banks' loans
to small and medium-sized enterprises (SMEs). We modeled and estimated how much and …

This study provides estimation of public implicit guarantees over the period 1997 to 2012
using a rating-based model. The analysis focuses on a sample of 56 large listed European …

We evaluate the economic costs and benefits for bank capital levels in the United States.
The framework and analysis is similar to that found in previous studies though we tailor the …

We extend the literature on the sovereign-bank nexus by examining the composition effects
of sovereign portfolios on banks' risk profile, unlike previous studies which generally …

This paper compares the risk taking behaviour of banks in two groups of early and late
transition countries during two periods: the pre-crisis (2000-2006) and the financially …

Over the past 40 years the size of the UK banking system has grown dramatically and under
plausible assumptions it could continue to grow rapidly. This article examines a number of …

The scale of losses flowing from bank failures is initially independent of the identity of those
upon whom the burden of meeting that loss falls. But, such losses also can then entail critical …