The article explores how different policies can help prevent big problems in banks. They looked at data from a big survey to see how well these policies work together. By focusing on both borrowers and lenders, they found that a mix of policies is best for reducing risks in the financial system. The study shows that these policies are more effective when things are going smoothly, but their impact can vary based on factors like bank size and how much risk they take. This research gives important insights for choosing the right tools to keep the financial system stable.