Showing 1 - 10 of 54
This paper investigates how monetary policy affects bank profitability. We use data for 109 large international banks … short-term rates and the slope of the yield curve (the "interest rate structure", for short), on the one hand, and bank … that, over time, unusually low interest rates and an unusually flat term structure erode bank profitability …
Persistent link: https://www.econbiz.de/10013014487
-linearities arising in the vicinity of the lower bound. Moreover, balance sheet easing policies enhance bank level resilience overall …
Persistent link: https://www.econbiz.de/10012896703
This paper investigates the bank lending-channel of monetary policy (MP) surprises. To identify the effects of MP … this high-frequency identification strategy to comprehensive and matched bank-firm data from Brazil. The results are robust … across financial intermediaries, e.g. bank capital, are relevant. Firms connected to stronger banks mitigate about one third …
Persistent link: https://www.econbiz.de/10012864776
We study the transmission of monetary policy through bank securities portfolios using granular supervisory data on U ….S. bank securities, hedging positions, and corporate credit. Banks that experienced larger losses on their securities during …
Persistent link: https://www.econbiz.de/10014544727
analysis to the case of Silicon Valley Bank (SVB) and find that the reduced value of the deposit franchise can explain why SVB … was insolvent in early March 2023, even before the bank run occurred …
Persistent link: https://www.econbiz.de/10014576630
This paper explores the basic question of whose monetary policy matters for banks' international lending. In the international context, monetary policies from several countries could come into play: the lender's, the borrower's, and that of a third country, the issuer of the currency in which...
Persistent link: https://www.econbiz.de/10012912467
widespread stress, with adverse affects on bank intermediation thereafter. We discuss the bank capital and the bank funding … conclude by discussing the increasing extension of bank credit lines to non-bank financial intermediaries, as well as the role …
Persistent link: https://www.econbiz.de/10014437040
This paper provides an overview of bank funding trends in the euro area following the 2007-09 global financial crisis …
Persistent link: https://www.econbiz.de/10013064410
of bank lending. The analysis proposes a setup that allows testing for structural shifts in the bank lending equation … may not translate into greater credit supply until bank balance sheets are sufficiently strengthened …
Persistent link: https://www.econbiz.de/10013067136
regardless of the nationality of the parent bank. Which layer matters most? Do these policies create cross-border spillovers? And … decompose growth in cross-border bank lending into separate home, host and common components, and then match each with the home …, which depend on the instrument used and on whether a bank's home or host country implemented them. Home policies tend to …
Persistent link: https://www.econbiz.de/10012837526