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...
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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...
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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...
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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...
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