December 2010 issue contents

Cover and contents (PDF, 4 pages, 199 kb)

  by Douglas Gale, Rafael Repullo, Til Schuermann, and Frank Smets

The Effects of Bank Capital on Lending: What Do We Know, and What Does It Mean?
  by Jose M. Berrospide and Rochelle M. Edge
  by José-Luis Peydró

Banks' Financial Conditions and the Transmission of Monetary Policy: A FAVAR Approach
  by Ramona Jimborean and Jean-Stéphane Mésonnier
  by Donald P. Morgan

Commentary: Banking Crises and Real Activity: Identifying the Linkages
  by Mark Gertler

Procyclicality of Capital Requirements in a General Equilibrium Model of Liquidity Dependence
  by Francisco Covas and Shigeru Fujita
  by Javier Suarez

Commentary: Capital Regulation and Risk Sharing
  by Douglas Gale

Are Banks Too Big to Fail? Measuring Systemic Importance of Financial Institutions
  by Chen Zhou
  by Stefan Straetmans

Commentary: Systemic Risk: Changing the Regulatory Perspective
  by Jean-Charles Rochet

It's Broke, Let's Fix It: Rethinking Financial Regulation
  by Alan S. Blinder