Did banks curb lending to creditworthy small and mid-sized enterprises (SME) during the
COVID-19 pandemic? Sitting on top of minimum capital requirements, regulatory capital …

This study reviews the financial distress that triggered and amplified the financial crises of
the Great Depression and Great Recession and compares macroeconomic and financial …

I present a general equilibrium monetary model of banking with multiple equilibria. In the
good equilibrium, all banks are solvent. In the bad equilibrium, a fraction of banks in the …

Despite the existence of an extensive literature on determinants of bank profitability, there
exists no paper which comprehensively weaves through this literature. We humbly …

Financialisation has become central to contemporary liberal welfare states. The embedding
of asset-based welfare and social investment strategies has emphasised focus on …

Credit conditions have caused real estate booms and busts, owing to an underpricing of
credit risk aided by regulatory arbitrage and shadow financing. Across countries, real estate …

“Since the onset of the pandemic, however, questions have arisen over banks' ability and
willingness to use the regulatory buffers available to them... in a period of stress, banks …

We analyze the impact of COVID-19 on the profitability of top-rated banks in the world using
a comprehensive list of bank-specific ratios under post-lasso regressions based on GLS …

This paper empirically examines the association between bank capital and banks'
monitoring effort. We use four proxies to measure the unobservable monitoring effort. Two of …

We quantify the effect of macroprudential policy in mitigating domestic and foreign shocks to
a small open commodity based economy estimated on Chilean data. The model features a …