Acharya, V. and Steffen, S. (2014). “Falling short of expectations? Stress-testing the European banking system.” Available at: Voxeu.org.Google Scholar

Admati, A. R., DeMarzo, P. M., Hellwig, M. F. and Pleiderer, P. (2011). “Fallacies, irrelevant facts, and myths in the discussion of capital regulation: why bank equity is not expensive.” Rock Center for Corporate Governance at Stanford University Working Paper Series 86.CrossRefGoogle Scholar

Admati, A. R. and Hellwig, M. F. (2013a). The bankers’ new clothes: what’s wrong with banking and what to do about it. Princeton University Press.CrossRefGoogle Scholar

Admati, A. R. and Hellwig, M. F. (2013b). “Does debt discipline bankers? An academic myth about bank indebtedness.” mimeo, available at: www.gsb.stanford.edu.CrossRefGoogle Scholar

Albul, B., Jaffee, D.M. and Tchistyi, A. (2010). “Contingent convertible bonds and capital structure.” mimeo.Google Scholar

Aptus, E., Britz, V., and Gersbach, H. (2014). “On the economics of crisis contracts.” ETH-Zurich Working Paper.Google Scholar

Berg, T. and Kaserer, C. (2014). “Does contingent capital induce excessive risk?” Systemic Risk, Basel III, Financial Stability and Regulation 2011, mimeo.Google Scholar

Calello, P. and Ervin, W. (2010). “From bail-out to bail-in.” The Economist, January 28.Google Scholar

Calomiris, C. W. and Herring, R. J. (2011). “Why and how to design a contingent convertible debt requirement.” mimeo, available at: http://ssrn.com/abstract=1815406.Google Scholar

Calomiris, C. W. and Kahn, C. M. (1991). “The role of demandable debt in structuring optimal banking arrangements.” American Economic Review 81(3): 497–513.Google Scholar

DeMarzo, P. (2005). “The pooling and tranching of securities: a model of informed intermediation.” Review of Financial Studies 18: 1–35.CrossRefGoogle Scholar

Diamond, D. W. and Dybvig, P. H. (1983). “Bank runs, deposit insurance, and liquidity.” Journal of Political Economy 91(3): 401–419.CrossRefGoogle Scholar

D’Souza, A. et al. (2009). “Ending ‘too big to fail’.” Goldman Sachs Global Markets Institute.Google Scholar

Duebel, H. (2013a). “Creditor participation in banking crisis in the eurozone – a corner turned?” Study commissioned by the Bundestagsfraktion Bündnis90/ Die Grünen and The Greens/ European Free Alliance in European Parliament.Google Scholar

Duebel, H. (2013b). “The capital structure of banks and the practice of bank restructuring.” CFS Working Paper 425.Google Scholar

European Central Bank (2013). Note on comprehensive assessment, October.Google Scholar

European Central Bank (2014). Note on comprehensive assessment, February.Google Scholar

European Commission (2012). High-level Expert Group on reforming the structure of the EU banking sector (Liikanen Commission).Google Scholar

European Parliament and of the Council (2014). Directive 2014/59/EU of the of 15 May 2014 establishing a framework for the recovery and resolution of credit institutions and investment firms and amending Council Directive 82/891/EEC, and Directives 2001/24/EC, 2002/47/EC, 2004/25/EC, 2005/56/EC, 2007/36/EC, 2011/35/EU, 2012/30/EU and 2013/36/EU, and Regulations (EU) No 1093/2010 and (EU) No 648/2012, of the European Parliament and of the Council.Google Scholar

Flannery, M. J. (2005). “No pain, no gain? Effective market discipline via ‘Reverse Convertibility Debentures’.” In Scott, H. S. (eds.), Capital Adequacy beyond Basel: Banking, Securities, and Insurance. Oxford University Press.Google Scholar

Flannery, M. J. (2009). “Stabilizing large financial institutions with contingent capital certificates.” mimeo, available at SSRN: http://ssrn.com/abstract=1485689.Google Scholar

Franke, G. and Krahnen, J. P. (2007). “Default risk sharing between banks and markets: the contribution of collateralized debt obligations.” In Carey, Mark and Stulz, René M. (eds.), The Risks of Financial Institutions, National Bureau of Economic Research: 603–634.CrossRefGoogle Scholar

Glasserman, P. and Nouri, B. (2012). “Contingent capital with a capital-ratio trigger.” Management Science 58(10): 1816–1833.CrossRefGoogle Scholar

Hart, O. and Zingales, L. (2011). “A new capital regulation for large financial institutions.” American Law and Economics Review 13(2): 453–490.CrossRefGoogle Scholar

Huertas, T. and Nieto, M. J. (2013). “A game changer: The EU banking recovery and resolution directive.” Available at: VoxEU.org, published 19 September.Google Scholar

Huertas, T. and Nieto, M. J. (2014). “How much is enough? The case of the Resolution Fund in Europe.” Available at: VoxEU.org, published 18 March.Google Scholar

Martynova, N. and Perotti, E. (2012). “Convertible bonds and bank risk-taking.” mimeo, available at SSRN: http://ssrn.com/abstract=2176191.Google Scholar

McAndrews, J., Morgan, D. P., Santos, J. and Yorulmazer, T. (2014). “What makes large bank failures so messy and what to do about it?” Economic Policy Review, Federal Reserve Bank of New York.Google Scholar

McDonald, R. L. (2013). “Contingent Capital with dual price trigger.” Journal of Financial Stability 9(2): 230–241.CrossRefGoogle Scholar

Modigliani, F. and Miller, M. H. (1958). “The cost of capital, corporation finance and the theory of investment.” American Economic Review 48(3): 261–297.Google Scholar

Moody, ’s (2013). “EU bank resolution: draft directive offers clarity on future support framework, but important questions remain unanswered.” September 30.Google Scholar

Murphy, G., Walsh, M. and Willison, M. (2012). “Precautionary contingent capital.” Bank of England Financial Stability Paper 16.Google Scholar

Pennacchi, G. (2010). “A structural model of contingent claims.” Federal Reserve of Cleveland Working Paper 10–4.CrossRefGoogle Scholar

Repullo, R., Rochet, J. and Vo, Q. A. T. (2013). “Optimal debt maturity.” National Centre of Competence in Research Financial Valuation and Risk Management Working Paper 783.Google Scholar

Rochet, J. C. and Sigrist-Zargari, Y. (2013). “How to finance SIFIs?” Swiss Finance Institute Discussion paper.Google Scholar

Schweikart, F. and Tsesmelidakis, Z. (2013). “The impact of government interventions on CDS and equity markets.” Working Paper, Goethe University, mimeo.Google Scholar

Squam Lake Working Group on Financial Regulation (2009). “An expedited resolution mechanism for distressed financial firms: regulatory hybrid securities.” Council on Foreign Relations Press, Working Paper, April.Google Scholar

Sundaresan, S. and Wang, Z. (2011). “On the Design of Contingent Capital with Market Trigger.” Federal Reserve Bank of New York Staff Report 448.CrossRefGoogle Scholar