Daniel K. Tarullo is a professor of law at Georgetown University Law Center. He has taught
at Harvard Law School (2005) and Princeton University (2004). He held several senior …

The recent financial crisis highlights the importance of both regulatory and market discipline.
Government reactions to the crisis included expanding deposit insurance coverage and …

Machines are taking over Wall Street.'Artificial intelligence, mathematical models, and
supercomputers have replaced human 2 intelligence, human deliberation, and human …

As a result of the recent financial crisis, several key institutions urged the LASB and the
FASB to re-evaluate their models for loan loss accounting and use more forward-looking …

Odkąd istnieją banki, wciąż aktualne jest pytanie o ich bezpieczeństwo. Pytanie o tyle
istotne, że kwintesencją działalności banków jest ponoszenie ryzyka, io tyle zasadne, że …

The theory of market discipline, which generally asserts that selfinterested creditors can
provide substantial assistance in reining in the risk-taking of banks, has been a foundational …

We examine the effect of bail-in event on the market discipline for Chinese banks, exploiting
the bankruptcy of Baoshang Bank and subsequent write-down as a quasi-natural …

We employ a comprehensive data set and a variety of methods to provide evidence on the
magnitude of large banks' funding advantage in Canada in addition to the extent to which …

Using data for publicly listed commercial banks and bank holding companies around the
world, I investigate the disciplinary effect of subordinated debt on bank risk taking in the …

Debt overhang and moral hazard predict that poorly capitalized banks have a lower
likelihood to issue equity, while the presence of regulatory and market pressures posits an …