Bank regulators interfere with the efficient allocation of resources for the sake of financial stability. Based on this … across heterogeneous banks. In the model, banks‘ productivity determines their optimal strategy in oligopolistic markets …. Higher productivity gives banks higher profit margins that lower their default risk. Hence, capital requirements indirectly …

We examine whether banks manage firms’ climate transition risks via corporate loan securitization. Results show that … banks are more likely to securitize loans granted to firms that become more carbon-intensive. The effect is more pronounced … if banks have a lower willingness to adjust loan terms. Exploiting the election of Donald Trump as an exogenous shock …

component and a central bank information shock component. We identify both components using changes in interest rate futures and …

by a BigTech bank with those made by traditional banks, it finds that BigTech loans tend to be smaller, and the BigTech … bank grants credit to more new borrowers compared with conventional banks in response to expansionary monetary policy. The … BigTech bank‘s advantages in information, monitoring, and risk management are the potential mechanisms. The analysis also …

banks in response to monetary policy changes. Our model integrates Knightian uncertainty into portfolio selection and posits … banks in response to shifts in funding costs, triggered by monetary policy changes, is more evident at the extensive margin …

This paper studies whether and how banks’ technological innovations affect the bank lending channel of monetary policy … whether it is related to the bank’s lending business. We find that lending-related innovations significantly strengthen the … transmission. We first provide a theoretical model in which banks' technological innovation relaxes firms’ earning-based borrowing …

This paper studies whether and how banks‘ technology adoption affects the bank lending channel of monetary policy … the bank‘s lending business and which specific technology is adopted. We find that lending-related technology adoption … transmission. We construct a new measurement of bank-level technology adoption, which can tell whether the technology is related to …