To study the role of talent in finance workers' pay, we exploit a special feature of the French
higher education system. Wage returns to talent have been significantly higher and have …

From 1996 to 2015, total assets at Canadian and foreign banks operating in Canada grew
four-times in size. This growth occurred with neither a significant regulatory change, such as …

Financial intermediation naturally arises when knowing how loan payoffs are correlated is
valuable for managing investments but lenders cannot easily observe that relationship. I …

In den letzten Jahren dominiert ein Thema die Schlagzeilen: die Finanzkrise und die
maroden Banken. Und wer bezahlt, wenn mal wieder eine Bank aus dem Ruder läuft? Die …

The article discusses prudential capital regulation issues that are critical to regulatory policy.
Topics covered include theoretical perspectives on the role of capital in banking, the need …

The death of commercial banking has been pronounced many times but, to paraphrase
Mark Twain, the obituary may be a bit premature. Commercial banks, as well as other …

Using a new data set from the Office of the Superintendent of Financial Institutions, I conduct
an in-depth study on cost efficiency and returns to scale (RTS) in Canadian banking. I …

The scandal over the fixing of the London Interbank Offered Rate (LIBOR) prompted the new
management of Barclays to commission an in-depth review of the bank's corporate culture …

This thesis consists of three essays. In the first essay, I develop a new theory of wage rigidity
and unemployment fluctuations. The starting point of my analysis is a generalized version of …

This thesis focuses on the study of the complexity of entities in the US banking sector. To this
end, three lines of research are pursued in this thesis. We start with an investigation …