We present evidence of a risk-taking channel of monetary policy for the U.S. banking system. We use confidential data …’s survey of terms of business lending. We find that ex-ante risk taking by banks (as measured by the risk rating of the bank …

view that monetary policy easing induces greater risk-taking by banks but also shows that the relationship between real … interest rates and banking risk is more complex. Ultimately, it depends on how much skin in the game banks have. The central …

This paper analyzes spillovers from macroeconomic shocks in systemic economies (China, the Euro Area, and the United … States) to the Middle East and North Africa (MENA) region as well as outward spillovers from a GDP shock in the Gulf … developments in China than to shocks in the Euro Area or the United States, in line with the direction of evolving trade patterns …

and partially dollarized economy is developed and estimated for Peru to measure the risk spillovers, and simulate domestic …

This paper examines how Japan’s long-term interest rates and Japanese banks’ interest rate risk exposures may evolve … increased purchases by the Bank of Japan. At the same time, illustrative scenarios suggest the interest rate risk exposure of …, both long-tem yields and interest-risk exposures of Japanese banks could increase over the medium term. …