This paper analyses the effectiveness of monetary policy on bank lending in a low interest rate environment. Based on a … less effective in stimulating bank lending growth when rates reach a very low level. This result holds after controlling … for business and financial cycle conditions and different bank-specific characteristics such as liquidity, capitalisation …

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 …

We investigate global factors associated with bank capital flows. We formulate a model of the international banking … system where global banks interact with local banks. The solution highlights the bank leverage cycle as the determinant of …

One aim of post-crisis monetary policy has been to ease credit conditions for borrowers by unlocking bank lending. We … find that bank equity is an important determinant of both the bank's funding cost and its lending growth. In a cross …-country bank-level study, we find that a 1 percentage point increase in the equity-to-total assets ratio is associated with a 4 …

interest margin (NIM) and its components, retail lending and retail deposit rates. Using two proprietary bank-level data sets …

bank segregations are effective in cleaning up balance sheets and promoting bank lending only if they combine … purchases are funded privately; (ii) smaller shares of the originating bank's assets are segregated; and (iii) asset segregation … problem associated with the creation of a bad bank …

in future states. When risks rise or risk management strengthens, a bank reallocates capital to the more efficient unit …

the loan interest rates to variations on the domestic policy rate, the number of foreign subordinates of the lender bank …

external shocks. We find evidence of significant interactions between the bank lending channel and both monetary and global … shaped by the counter-cyclical behavior of a state-owned bank …

corresponding imperfect substitutability between private and commercial credit for the entrepreneur's relationship bank is then …