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Macroeconomic factors and microlevel bank behavior

Buch, Claudia M.; Eickmeier, Sandra; Prieto, Esteban - In: Journal of money, credit and banking : JMCB 46 (2014) 4, pp. 715-751

Persistent link: https://www.econbiz.de/10010466885

The international transmission of monetary policy

Buch, Claudia M.; Bussière, Matthieu; Goldberg, Linda S.; … - 2018

This paper presents the novel results from an internationally coordinated project by the International Banking Research Network (IBRN) on the cross-border transmission of conventional and unconventional monetary policy through banks. Teams from seventeen countries use confidential micro-banking...

Persistent link: https://www.econbiz.de/10011864739

Big Banks and Macroeconomic Outcomes : Theory and Cross-Country Evidence of Granularity

Bremus, Franziska - 2013

Does the mere presence of big banks affect macroeconomic outcomes? In this paper, we develop a theory of granularity (Gabaix, 2011) for the banking sector, introducing Bertrand competition and heterogeneous banks charging variable markups. Using this framework, we show conditions under which...

Persistent link: https://www.econbiz.de/10013081202

Cross-Border Prudential Policy Spillovers : How Much? How Important? Evidence from the International Banking Research Network

Buch, Claudia M. - 2016

The development of macroprudential policy tools has been one of the most significant changes in banking regulation in recent years. In this multi-study initiative of the International Banking Research Network, researchers from fifteen central banks and two international organizations use...

Persistent link: https://www.econbiz.de/10012978107

Cross-border prudential policy spillovers : how much? how important? : evidence from the international banking research network

Buch, Claudia M.; Goldberg, Linda S. - 2017

The development of macroprudential policy tools has been one of the most significant changes in banking regulation in recent years. In this multi-study initiative of the International Banking Research Network (IBRN), researchers from 15 central banks and 2 international organizations use...

Persistent link: https://www.econbiz.de/10011595267

Macroeconomic factors and micro-level bank risk

Buch, Claudia M.; Eickmeier, Sandra; Prieto, Esteban - 2010

The interplay between banks and the macroeconomy is of key importance for financial and economic stability. We analyze this link using a factor-augmented vector autoregressive model (FAVAR) which extends a standard VAR for the U.S. macroeconomy. The model includes GDP growth, inflation, the...

Persistent link: https://www.econbiz.de/10010302760

In search for yield? Survey-based evidence on bank risk taking

Buch, Claudia M.; Eickmeier, Sandra; Prieto, Esteban - 2011

There is growing consensus that the conduct of monetary policy can have an impact on stability through the risk-taking incentives of banks. Falling interest rates might induce a 'search for yield' and generate incentives to invest into risky activities. This paper provides evidence on the link...

Persistent link: https://www.econbiz.de/10010304726

The Allocation of Talent and U.S. Economic Growth

Hsieh, Chang-Tai - 2013

Over the last 50 years, there has been a remarkable convergence in the occupational distribution between white men, women, and blacks. We measure the macroeconomic consequences of this convergence through the prism of a Roy model of occupational choice in which women and blacks face frictions in...

Persistent link: https://www.econbiz.de/10013088678

The Future of U.S. Economic Growth

Fernald, John G. - 2015

Modern growth theory suggests that more than 3/4 of growth since 1950 reflects rising educational attainment and research intensity. As these transition dynamics fade, U.S. economic growth is likely to slow at some point. However, the rise of China, India, and other emerging economies may allow...

Persistent link: https://www.econbiz.de/10013034346

The Upcoming Slowdown in U.S. Economic Growth

Jones, Charles I. - 2021

research intensity, and the increased openness and development of the world economy. Such changes suggest, contrary to the … conventional view, that the U.S. economy is far from its steady state balanced growth path. The theoretical framework analyzed here … provides a coherent interpretation of this evidence and indicates that when these increases cease and the U.S. economy reaches …

Persistent link: https://www.econbiz.de/10013243934