USA: Economic Policy Review special issue - large and complex banks

The latest edition of the Economic Policy Review - published under the auspices of the Federal Reserve Bank of New York - has been published. It is a special issue focusing on large and complex banks and contains the following eleven articles:

Bank Size

• Do Big Banks Have Lower Operating Costs? [abstract | full text (pdf) ]
• Evidence from the Bond Market on Banks’ “Too-Big-to-Fail” Subsidy [abstract | full text (pdf) ]
• Do “Too-Big-to-Fail” Banks Take On More Risk? [ abstract | full text (pdf) ]
• Components of U.S. Financial Sector Growth, 1950-2013 [abstract | full text (pdf) ]

Bank Complexity

• The Evolution of Bank Complexity [abstract | full text (pdf) ]
• Measures of Complexity of Global Banks [abstract | full text (pdf) ]
• Matching Collateral Supply and Financing Demands in Dealer Banks [abstract | full text (pdf) ]

Bank Resolution

• Bank Resolution Concepts, Trade-Offs, and Changes in Practices [abstract | full text (pdf) ]
• The Failure Resolution of Lehman Brothers [abstract | full text (pdf) ]
• Why Bail-in? And How! [abstract | full text (pdf) ]
• Why Are Large Bank Failures So Messy and What to Do about It? [abstract | full text (pdf) ]