This paper argues that market price sensitive capital regulation together with financial regulator’s bailout policy can induce banks to herd by investing in highly correlated asset ex ante, thus increase the likelihood of systemic risk ex post. The paper follows Acharya and Yorulmazer’s (2007) study of “Too Many to Fail” problem in a twobank model. They argue that in order to reduce the social ...

The crisis of 2007–2008 was a crisis of collateral. Since then, financial market participants – particularly in the euro area and the United States – have shown an increased appetite for secured lending. In short-term bank funding markets, there has been a pronounced shift towards repurchase arrangements. And covered bonds have gained in popularity in long-term funding markets. The cyclical fli...

This paper analyzes the effects of a “too-big-to-fail” policy, modelled as a higher bail-out probability from the government for some bank, on the behavior of the privileged bank as well as on the remaining banking sector. Contrary to conventional wisdom, the impact on the large bank’s risk-taking is shown to depend on the opacity of banks, i. e., the particular information structure of the mod...

As someone with a background in both public health research and homeless services, I was recently approached by a group of voluntary agencies working with homeless families to assist them in conducting a research project to investigate the mental and physical health status of children passing through their services. The personnel involved were alarmed by what they saw as the largely undiagnosed...

Title of Document: RACE, SENTENCING, AND THE PRETRIAL PROCESS Michelle Elizabeth Hart, Master of Arts, 2006 Directed By: Professor Shawn Bushway, Criminology and Criminal Justice Previous research has suggested that racial disparity originates from judicial decisions at sentencing; however I argue that racial disparity may originate at the pretrial stage. First, research has consistently demons...

where the peak shapes were described by a pseudo-Voigt function and the background was modeled with an 6-term polynomial. Additionally, the PXRD patterns obtained at room temperature and 100 K were analyzed by Le Bail refinement using the GSAS and EXPGUI software, 2,3 where the peak shapes were described by a pseudo-Voigt function (CW profile function 3) and the background was modeled with an 4...

Appraisal of antioxidant potential and biological studies bogan bail (Bougainvillea glabra) leaf extracts using different solvents | Muhammad Riaz, Humaira Fatima, Misbah ur Rehman, Rahman Qadir, Shabbir Hussain, Abdul Hafeez, Abu Bakar Siddique Agricultural Journals

- former germany president charged with corruption - pakistan court extends bail for former president musharraf - turkish parliament approves amendments to anti-terrorism legislation - trial of mubarak ends after judge recuses himself - hrw urges yemen to stop executing juvenile offenders