Gocheva, Viktoriya; Mudde, Yvo; Tapking, Jens - 2022
When a bank receives credit from the central bank, its Liquidity Coverage Ratio (LCR) changes. In most cases, the LCR … increases. We investigate how this LCR boost from central bank credit affects banks' behaviour, looking at the euro area during … bank credit tend to take actions that reduce their LCRs. In this sense, banks consume their LCR boosts. In terms of policy …