The potential for market discipline of financial firms has attracted increasing attention from
academics and supervisors. Not only have financial economists written numerous papers on …

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 …

We examine whether mandating banks to issue subordinated debt would enhance market
monitoring and control risk taking. To evaluate whether subordinated debt enhances risk …

In this paper we investigate whether banks that borrow from other banks have lower risk
levels. We concentrate on a large sample of Central and Eastern European banks that …

On April 1, 2002, the Japanese government lifted a blanket guarantee of all deposits and
began limiting the coverage of time deposits. This paper uses this deposit insurance reform …

Rischio e valore nelle banche Page 1 Resti • Sironi Risch L m g in d n p r A s t È c r a r c z d I r
E t r c m 2 l’ z t c m Rischio e valore nelle banche Rischio e valore nelle banche Misura …

In the period after the crises in the late 1990s, the banking industries in most emerging
markets have undergone significant restructuring consistent with the Basel II Accord. The …

This paper gives an extensive overview on the avenues academic research has taken in
exploring the role of credit ratings. In doing so, it relies on a strict methodological approach …

We examine the possible effects of “too big to fail”(TBTF) expectations on issuer ratings for a
sample of banks of various sizes in 21 industrialised countries. TBTF expectations are …

Policymakers are actively considering requiring banks to issue subordinated debt as a tool
for monitoring banks by investors. However, subordinated debenture increases the …