Liquidity provision through its repo auctions has been one of the main instrumentsof the European Central Bank (ECB) to …

banks given their specific institutional, economic and financial environment. We take the case of the Bank of Russia in …

We use a panel of quarterly time series observations on Finnish banks to estimate reduced form equations for the growth … rate of bank loans. By allowing for individual bank specific effects in the empirical models we specifically seek evidence … of a bank-lending channel for the transmission of monetary policy shocks in Finland. On the basis of our estimation …

shock caused by a large-bank failure in conjunction with detailed data on interbank exposures. First, we find robust … evidence that higher interbank exposure to the failed bank leads to large deposit withdrawals. Second, the magnitude of …

by Brownlees and Engle (2011) for a panel of 65 large US banks over the last decade and a half. Running panel regressions … of the MES on bank characteristics, we first find that the MES can be roughly rationalized in terms of standard balance … sheet indicators of bank financial soundness and systemic importance. We then ask whether the cross section of the MES can …

panel of 33 countries, including the ten EU acceding countries and structural current account positions are derived. A …

equilibrium is characterized by a deep market with highly leveraged banks. The crisis times equilibrium is characterized by bank …