A Special Issue on Large and Complex Banks Volume 20, Number 2, March 2014

• Do Big Banks Have Lower Operating Costs? Anna Kovner, James Vickery, and Lily Zhou
• Evidence from the Bond Market on Banks’ “Too-Big-to-Fail” Subsidy – João Santos
• Do “Too-Big-to-Fail” Banks Take on More Risk? – Gara Afonso, João Santos, and James Traina
• Components of U.S. Financial Sector Growth, 1950-2013 – Samuel Antill, David Hou, and Asani Sarkar
• Evolution in Bank Complexity – Nicola Cetorelli, James McAndrews, and James Traina
• Measures of Complexity of Global Banks – Nicola Cetorelli and Linda S. Goldberg
• Matching Collateral Supply and Financing Demands in Dealer Banks – Adam Kirk, James McAndrews, Parinitha Sastry, and Phillip Weed
• Bank Resolution Concepts, Tradeoffs, and Changes in Practices – Phoebe White and Tanju Yorulmazer
• The Failure Resolution of Lehman Brothers – Michael Fleming and Asani Sarkar
• Why Bail-in? And How! – Joseph H. Sommer
• What Makes Large Bank Failures So Messy and What to Do about It? – James McAndrews, Donald P. Morgan, João Santos, and Tanju Yorulmazer