Financial crisis

    Papers & Opinions

    Banking | Empirics | Financial markets | Regulation

    Bank Lobbying as a Financial Safety Net

    Paper

    Posted on 4 November 2024

    By Kentaro Asai

    I argue creditors, plausibly considering the link between bank lobbying and government bailouts, reflect the financial-safety-net aspect of bank lobbying. My structural estimation based on U.S. data suggests bank lobbying...
    READ MORE

    Banking | Empirics | Special interest politics

    Winning Connections? Special Interests and the Sale of Failed Banks

    Paper

    Posted on 16 March 2022

    By Deniz Igan

    We study how banks’ special interests affect the resolution of failed banks. Using a sample of FDIC auctions between 2007 and 2016, we find that bidding banks that lobby regulators...
    READ MORE

    Banking | Empirics | Political institutions

    Bailouts and Political Connections of Bank Boards

    Paper

    Posted on 17 January 2022

    By Pia Huettl

    This paper investigates the political ties of too-big-to-fail bank boards in crisis times. We argue that after a bailout, governments are likely to influence bank board compositions to secure control...
    READ MORE

    Empirics | Political institutions | Regulation

    Financial Policymaking After Crises: Public vs. Private Interests

    Paper

    Posted on 7 July 2021

    By Orkun Saka

    We first present a simple model of post-crisis policymaking driven by both public and private interests. Using a novel dataset covering 94 countries between 1973 and 2015, we then establish...
    READ MORE