Despite the devastating worldwide human and economic tolls of the COVID-19 crisis, it has
created some positive economic and financial surprises and opportunities for research. This …

Prior work identifies bank health as a key driver of syndicated lending fluctuations,
particularly during the Global Financial Crisis. We show that the relationship between bank …

Bank bailouts are controversial governmental decisions, putting taxpayers' money at risk to
avoid a domino effect through the network of claims between financial institutions. Yet very …

We address whether government financial aid to businesses during crises achieve their
main goals regarding alleviating financial and economic constraints from crisis-related …

Although a vast theoretical literature suggests that banks' screening and monitoring skill
makes them special, there is limited direct evidence on the level and sources of value …

High levels of subprime consumer debt can create social problems. We test the effects of the
Troubled Asset Relief Program (TARP) and Paycheck Protection Program (PPP) bailouts …

Government interventions such as bailouts are often implemented in times of high
uncertainty. Policymakers may therefore rely on information from financial markets to guide …

We investigate asset returns around banking crises in 44 advanced and emerging
economies from 1960 to 2016. In contrast to the view that buying assets during banking …

This dissertation explores different aspects of risk measurement in banks, including the risk-
adjusted returns of bank lending activities, the financial returns earned by taxpayers on …

The imbalance in the banking system and the unhealthy flow of liquidity are unfavorable for
the banking system and dangerous for the country's macroeconomics. Continuing this trend …