-linearities arising in the vicinity of the lower bound. Moreover, balance sheet easing policies enhance bank level resilience overall …

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 …

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 …

This paper investigates how the prolonged period of low interest rates affects bank intermediation activity. We use …

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 …

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

industry is weaker. At the same time, in contrast to banks, we show that non-bank financial corporations show virtually no …