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 …

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

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 …

We ask if bank supervisors’ efforts to combat climate change affect banks' lending and their borrowers’ transition to … borrowers' emission data, we first show that banks that participate in the exercise increase lending to high-carbon emitters but … simultaneously charge higher interest rates. Second, participating banks collect new information about climate risks, and boost …

strategy that combines the French bank climate pilot exercise with borrowers‘ carbon emissions to present two novel findings …. Stress-tested banks increase loan volumes but simultaneously charge higher interest rates for brown borrowers. Second … bank climate stress tests and borrowers‘ reductions in transition risk. …