By analyzing 20 developed economies over 1920–2012, we find the following evidence of
overoptimism and neglect of crash risk by bank equity investors during credit expansions:(i) …

We evaluate the influence of the pandemic on global bank lending and identify bank and
country characteristics that amplify or weaken the effect of the disease outbreak on bank …

We use deep neural networks to estimate an asset pricing model for individual stock returns
that takes advantage of the vast amount of conditioning information, keeps a fully flexible …

We propose a nonparametric method to study which characteristics provide incremental
information for the cross-section of expected returns. We use the adaptive group LASSO to …

Stock market forecasting has been a subject of interest for many researchers; the essential
market analyses can be integrated with historical stock market data to derive a set of …

Are some banks prone to perform poorly during crises? If yes, why? In this paper, we show
that a bank's stock return performance during the 1998 crisis predicts its stock return …

We examine the pervasive view that equity is expensive which leads to claims that high
capital requirements are costly and would affect credit markets adversely. We find that …

This paper develops a dynamic general equilibrium model to quantify the effects of bank
capital requirements. Households' preferences for liquid assets imply a liquidity premium on …

This paper evaluates the stock performance of Islamic banks relative to their conventional
counterparts during the initial phase of the COVID-19 crisis (from December 31, 2019, to …

How does the shadow banking system respond to changes in capital regulation of
commercial banks? We propose a quantitative general equilibrium model with regulated …