This dissertation seeks to contribute to the understanding of the effect of regulation on bank behavior. Following the 2007-2009 financial crisis and the subseq

My dissertation topic is on the impact of changes in the monetary policy interest rate target on bank distress and systemic risk in the U.S. banking system. The

This is the first major study of post-Civil War banking panics in almost a century. The author has constructed for the first time estimates of bank closures and

This dissertation studies how market expectations of systemic bailouts affect credit recoveries, how countries' macro-fiscal conditions change around fiscal dis