We explore the impact of supervision on the riskiness, profitability, and growth of US banks.
Using data on supervisors' time use, we demonstrate that the top‐ranked banks by size …

We provide a critical review of the empirical and theoretical literature on bank supervision.
This review focuses on microprudential supervision: the supervision of individual banking …

The financial crisis that began in 2007 was triggered by over-leveraged homeowners and a
severe downturn in US housing markets. However, a reasonably well-supervised financial …

We analyse the effects of supranational versus national banking supervision on credit
supply, and its interactions with monetary policy. For identification, we exploit:(i) a new …

We investigate the role that regulatory strictness plays on the enforcement of financial
reporting transparency in the US banking industry. Using a novel measure of regulatory …

We study the consequences for supervisors' and banks' behavior of a “hub-and-spokes”
supervisory system where a centralized agency has authority over banks but relies on local …

We study bank supervision by combining a theoretical model distinguishing supervision
from regulation and a novel dataset on work hours of Federal Reserve supervisors. We …

Culture is a potent force in shaping individual and group behavior, yet it has received scant
attention in the context of financial risk management and the recent financial crisis. I present …

This paper finds that the disclosure of supervisory actions by bank regulators is associated
with changes in their enforcement behavior. Using a novel sample of enforcement decisions …

We study the economic consequences of mandates that require bank auditors to report to
bank regulators. Based on survey responses from the European Central Bank, all 28 …